Consumer confidence in Italy eased for the second consecutive month to 106.5 in August of 2023 from 106.7 in July, suggesting that tighter monetary conditions are being transmitted to the European consumer. Still, the result beat market expectations of 105.6. The economic climate fell by 1.9 points from the previous month to 121.5 in August, while the future climate fell 0.9 points to 114.1. On the other hand, the personal climate edged higher by 0.4 points to 101.5. source: National Institute of Statistics (ISTAT)

Consumer Confidence in Italy averaged 104.08 points from 1982 until 2023, 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 August of 2023.

Consumer Confidence in Italy is expected to be 104.50 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 110.00 points in 2024 and 105.10 points in 2025, according to our econometric models.

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Italy Consumer Confidence



Calendar GMT Reference Actual Previous Consensus TEForecast
2023-07-27 08:00 AM Jul 106.7 108.6 107.8 107.5
2023-08-30 08:00 AM Aug 106.5 106.7 105.6 105.9
2023-09-28 08:00 AM Sep 106.5 105.5


Related Last Previous Unit Reference
Consumer Confidence 106.50 106.70 points Aug 2023
Retail Sales MoM -0.20 0.60 percent Jun 2023
Retail Sales YoY 3.60 3.00 percent Jun 2023
Consumer Spending 258880.70 257581.20 EUR Million Mar 2023
Disposable Personal Income 336561.00 325800.00 EUR Million Mar 2023
Personal Savings 7.60 5.30 percent Mar 2023

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.
Actual Previous Highest Lowest Dates Unit Frequency
106.50 106.70 121.23 82.30 1982 - 2023 points Monthly
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News Stream
Italian Consumer Confidence Falls for 2nd Month
Consumer confidence in Italy eased for the second consecutive month to 106.5 in August of 2023 from 106.7 in July, suggesting that tighter monetary conditions are being transmitted to the European consumer. Still, the result beat market expectations of 105.6. The economic climate fell by 1.9 points from the previous month to 121.5 in August, while the future climate fell 0.9 points to 114.1. On the other hand, the personal climate edged higher by 0.4 points to 101.5.
2023-08-30
Italian Consumer Morale Deteriorates More than Expected
Consumer confidence in Italy decreased to 106.7 in July of 2023 from 108.6 in the previous month, missing market expectations of 107. The economic climate fell from 127.6 to 123.4, the future one worsened from 118.4 to 115.0, the personal one slipped from 102.2 to 101.1 and, finally, the current one shrank 102.0 to 101.0.
2023-07-27
Italy Consumer Confidence Rises to 16-Month High
Consumer confidence in Italy jumped to 108.6 in June of 2023 from 105.1 in the previous month, surpassing market expectations of 105.5 to notch the highest reading since February 2022 despite ongoing concerns that the European Central Bank will hike its borrowing costs through a slowing economy. Sentiment improved considerably for the current macroeconomic climate (127.6 vs 119.8 in May) and future expectations (118.4 vs 112.6). In the meantime, confidence improved to a smaller extent for the current climate (102 vs 100), and respondents’ personal financial situation 102.2 vs 100.1).
2023-06-27