The consumer confidence index in Italy rose to 100.8 in August 2020 from an upwardly revised 100.1 in the previous month and beating market expectations of 100. The country began to lift restrictions in May after two months of strict lockdown due to the coronavirus pandemic. The gauge measuring current conditions (98.1 vs 97.3 in July); economic climate (90.1 vs 85.7) and future climate (105.3 vs 104.3) increased. On the other hand, sentiment deteriorated regarding personal situation (104.9 vs 105.2).
Consumer Confidence in Italy averaged 104.40 points from 1982 until 2020, reaching an all time high of 121.23 points in November of 1988 and a record low of 82.20 points in January of 2013. 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 September of 2020. source: National Institute of Statistics (ISTAT)
Consumer Confidence in Italy is expected to be 100.50 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 100.00 in 12 months time. In the long-term, the Italy Consumer Confidence is projected to trend around 105.00 points in 2021 and 102.00 points in 2022, according to our econometric models.