Italy’s consumer confidence index decreased to 110.5 in April 2019 from 111.2 in the previous month and below market consensus of 111.2. It was the lowest reading since July 2017, as household sentiment deteriorated for all main components: economic sentiment (122.6 from 123.8 in March); personal climate (105.9 from 106.8); current conditions (106.9 from 107.8); and future situation (115.6 from 115.9). Consumer Confidence in Italy averaged 104.31 Index Points from 1982 until 2019, reaching an all time high of 121.23 Index Points in November of 1988 and a record low of 82.40 Index Points in January of 2013.
Consumer Confidence in Italy is expected to be 109.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Italy to stand at 112.00 in 12 months time. In the long-term, the Italy Consumer Confidence is projected to trend around 115.00 Index Points in 2020, according to our econometric models.