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.