The index of consumer sentiment published by ISTAT dropped from a revised 105.1 points in March (previously reported: 105.2 points) to 103.7 points in April. The drop was less severe than expected, as market analysts saw consumer confidence inching down to just 105.0 points. With the April drop, consumer confidence dipped to its lowest level in more than two years and moved further below its long-term average of 113.0 points. Consumer sentiment deteriorated as households' expectations regarding the general economy in the short term worsened notably (-9.0 points). In contrast, households' judgement on their current and future personal financial situation moderated only slightly. On a positive note, prospects for purchases of durable goods improved strongly compared to the previous month (+9.0 points).
Italy Consumer Confidence
Consumer confidence drops to lowest level in more than two years
April 27, 2011
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Italy Economic News
October 14, 2016
According to revised data released by the Italian Statistical Institute (ISTAT), consumer prices fell 0.2% from the previous month in September.
October 10, 2016
In August, industrial output increased 1.7% from the previous month, accelerating from July’s revised 0.7% increase (previously reported: +0.4% month-on-month).
October 3, 2016
The IHS Markit manufacturing Purchasing Managers’ Index (PMI) rose from 49.8 in August to 51.0 in September, taking it above the 50-threshold that separates expansion from contraction in the manufacturing sector. September’s result mainly reflected a return to growth in new orders, which, in the previous month, had dropped slightly for the first time in over one-and-a-half years.
September 30, 2016
According to provisional data released by the Italian Statistical Institute (ISTAT), consumer prices fell 0.2% over the previous month in September, contrasting August’s 0.2% increase and marking the lowest result in seven months.
September 28, 2016
The National Institute of Statistics’ (Istat) composite business confidence indicator (IESE, Istat Economic Sentiment Indicator), which covers the manufacturing, construction, service and retail sectors, increased from a revised 99.5 in August (previously reported: 99.4) to 101.0 in September. All four categories of the indicator improved compared to August.