The consumer confidence index in Italy declined to 102 in October of 2020 from a downwardly revised 103.3 in the previous month, below market expectations of 102.2. Italy has in recent weeks broken several records for new daily coronavirus infections, forcing the government to start reimposing restrictions in an effort to contain the contagion, including ordering bars and restaurants to shut early and closing gyms and swimming pools. The deterioration affected all index components: future climate (104.5 vs 109.3 in September); current conditions (99.9 vs 100.2); economic climate (87.8 vs 94.5) and personal situation (106.4 vs 107.1). source: National Institute of Statistics (ISTAT)
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 November of 2020.
Consumer Confidence in Italy is expected to be 99.00 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 102.00 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.