Consumer confidence in Italy edged higher to 117.7 in December of 2021 from 117.5 in the previous month and above market forecasts of 116.2, buoyed by more than EUR 7 billion of tax cuts set out on the government’s budget. Improvements were seen for the current (115.6 vs 115.2 in November), and personal (110.4 vs 110) subindices. On the other hand, sentiment deteriorated for the economic (139.6 vs 139.8) subindex, while consumers are less optimistic about the future (120.8 vs 121). source: National Institute of Statistics (ISTAT)

Consumer Confidence in Italy averaged 104.14 points from 1982 until 2021, reaching an all time high of 121.23 points in November of 1988 and a record low of 82.30 points in December of 2012. 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 January of 2022.

Consumer Confidence in Italy is expected to be 116.90 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy Consumer Confidence is projected to trend around 105.00 points in 2022 and 102.00 points in 2023, according to our econometric models.

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Italy Consumer Confidence


Calendar GMT Actual Previous Consensus TEForecast
2021-11-26 09:00 AM Nov 117.5 118.4 117 116.9
2021-12-23 09:00 AM Dec 117.7 117.5 116.2 116.9
2022-01-28 09:00 AM Jan 117.7 118


Related Last Previous Unit Reference
Consumer Confidence 117.70 117.50 points Dec/21
Retail Sales MoM -0.40 0.20 percent Nov/21
Retail Sales YoY 12.50 4.00 percent Nov/21
Consumer Spending 251594.50 244543.90 EUR Million Sep/21
Disposable Personal Income 298072.00 294585.00 EUR Million Sep/21
Personal Savings 11.00 12.90 percent Sep/21

News Stream
Italy Consumer Confidence Higher than Expected
Consumer confidence in Italy edged higher to 117.7 in December of 2021 from 117.5 in the previous month and above market forecasts of 116.2, buoyed by more than EUR 7 billion of tax cuts set out on the government’s budget. Improvements were seen for the current (115.6 vs 115.2 in November), and personal (110.4 vs 110) subindices. On the other hand, sentiment deteriorated for the economic (139.6 vs 139.8) subindex, while consumers are less optimistic about the future (120.8 vs 121).
2021-12-23
Italy Consumer Sentiment Eases
Consumer confidence in Italy eased to 117.5 in November of 2021 from 118.4 in the previous month, but above market forecasts of 117. Declines were seen for the future (121 vs 125.4 in October), economic (139.8 vs 142.2), and personal (110 vs 110.4) climate subindices. On the other hand, improvements were seen for the current climate subindex (115.2 vs 113.7).
2021-11-26
Italy Consumer Sentiment Eases from Record
Consumer confidence in Italy eased to 118.4 in October of 2021 from the fresh record of 119.6 in the previous month and slightly lower than market forecasts of 118.5. Declines were seen for the climate (113.7 vs 116.1 in September), economic 142.2 vs 143.6), and personal (110.4 vs 111.5) subindices. On the other hand, the future climate subindex (125.4 vs 124.7) edged up.
2021-10-28

Italy Consumer Confidence
In Italy, the Confidence Climate Index covers 2,000 Italian consumers. The survey is done by phone and assesses households’ economic conditions, employment and saving prospects and expected purchases of durable goods. The consumer confidence index is adjusted for seasonal effects and fixed to a base year of 2005. The value 100 indicates no evolution in consumer sentiment, a value over 100 shows increasing confidence and a value under 100 indicates low expectations.