The Italian is not planning to leave the Etihad Stadium but admitted to missing life in his homeland.
"I'm fine at City," said Mancini. "I work in a very serious club and in England it is easier to work. There is a project and we have done a great job in two years.
"I feel really good, but it is clear that I miss Italy because home is always missing."
Asked about the prospect of coaching the Italy national team, he added: "It is still early and [Cesare] Prandelli is doing well."