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Sentiment Index Survey

02 September 2024

Italian CFA®-certified professional investors' expectations of the Italian economy continue to deteriorate. The Sentiment Index, which measures their optimism or pessimism, fell to -48 points, down from the last survey. The survey was conducted by CFA Society Italyin collaboration with Il Sole 24 Ore Radiocor, among its members in the period 19 - 31 August 2024. 


It shows an increase in the percentage of respondents who perceive the current economic situation in Italy positively, to 12%. However, around 24% of respondents see the country's economic situation as negative. The US shows an overall positive macroeconomic picture.


Looking at the next six months, only 8% of respondents expect economic conditions to improve (down 12 points from last month), while 36% expect the situation to remain stable (down 4 points). As many as 56% expect a worsening (up 16 points from the previous month). As a result, the overall index, which reflects the difference between optimists and pessimists, fell to -48, representing the ‘CFA Society Italy - Radiocor Sentiment Index’ for September 2024a drop of 28 points compared to August.


Expectations for the Eurozone and the US over the next six months also deteriorated.

 

For further information, please read the press release and full report (Italian only).