Italy’s consumer confidence index rose to 111.8 in May of 2019 from an upwardly revised 110.6 in the previous month and above market expectations of 110. It was the highest reading in consumer morale since February, as household sentiment improved for all main components: economic sentiment (125.9 from 122.8 in April); personal climate (107.4 from 105.9); current conditions (109.6 from 106.9) and future situation (115.8 from 115.6). Consumer Confidence in Italy averaged 104.33 Index Points from 1982 until 2019, reaching an all time high of 121.23 Index Points in November of 1988 and a record low of 82.40 Index Points in January of 2013.
Consumer Confidence in Italy is expected to be 111.10 Index 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 112.00 in 12 months time. In the long-term, the Italy Consumer Confidence is projected to trend around 115.00 Index Points in 2020, according to our econometric models.