The consumer confidence index in Italy dropped to 94.3 in May 2020 from a downwardly revised 100.1 in March but above market expectations of 88.5. It was the lowest reading since December 2013, amid the coronavirus crisis. All index components deteriorated: economic climate (71.9 vs 94.4 in March); current conditions (95 vs 104.8); future climate (93.1 vs 93.3); and personal situation (100.9 vs 102.4). The consumer confidence index was carried out again in May after April's interruption due to the covid-19 emergency.
Consumer Confidence in Italy averaged 104.43 points from 1982 until 2020, reaching an all time high of 121.23 points in November of 1988 and a record low of 82.20 points in January of 2013. This page provides the latest reported value for - Italy Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Italy Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on June of 2020. source: National Institute of Statistics (ISTAT)
Consumer Confidence in Italy is expected to be 82.00 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 88.00 in 12 months time. In the long-term, the Italy Consumer Confidence is projected to trend around 91.00 points in 2021 and 95.00 points in 2022, according to our econometric models.