The consumer confidence index in Italy increased to 113.4 in July of 2019 from an upwardly revised 109.8 in the previous month and well above market expectations of 109.6. It was the highest reading since January, as all main components improved: economic sentiment (129.7 from 121.4 in June); personal situation (108 from 105.6); current conditions (111.1 from 107.6); and future climate (117.4 from 112.6). Consumer Confidence in Italy averaged 104.36 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 110.00 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 112.50 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.