Italy Consumer Sentiment Drops to Lowest in Nearly 4 Years

Italy’s consumer confidence index fell to 90.3 in October 2026, down from 91.2 in September, marking its lowest level since November 2022. The reading was broadly in line with market expectations of 90.9. According to the data agency, the overall decline primarily reflected worsening assessments of the country's economic outlook, which fell to 82.9 from 88.0, rising unemployment expectations, and reduced willingness to purchase durable goods under current conditions. Current sentiment eased to 88.7 from 90.4. In contrast, personal sentiment improved to 93.0 from 92.4, while future sentiment remained stable at 92.3.

The consumer confidence index in Italy fell to 91.2 in September 2026 from 94.5 in the previous month, below market expectations of 94.0. This marked the weakest reading since April, reflecting declines across all components, with the economic climate recording a more marked decrease, while the personal, current and future climates also weakened moderately. The data agency noted that the September results were partly affected by changes to the organization of the survey network. Excluding the estimated effects of these changes, consumer confidence still showed a moderate decline overall, as well as in the personal, current and future climates.

The consumer confidence index in Italy rose to 94.5 in August 2026 from 94.2 in the previous month, falling short of market expectations of 95. The reading was the highest since February 2025, with most components recording gains. The economic climate sub-index increased to 92.3 from 90.9 in July, while the future climate advanced to 90.2 from 89.8, reflecting a more favorable outlook for the broader economy. The current climate edged higher to 97.8 from 97.4, while the personal climate remained unchanged at 95.4.