In April, the index of consumer sentiment published by ISTAT plunged to 89.0 points from 96.8 points in March, marking the lowest level in more than 15 years. The result came in below market expectations, which had anticipated the index to drop to 96.2 points. The result was broad-based, with all the components of the index deteriorating compared to the previous month. In particular, households' expectations regarding the general economic situation marked a 24-point drop, as the recessive effects of the austerity measures implemented by the Monti administration begin to surface. Moreover, respondents expressed more pessimistic expectations regarding their personal financial situation. Accordingly, prospects for purchases of durable goods deteriorated notably compared to the previous month.
Italy Consumer Confidence
Consumer confidence plunges to lowest level in more than 15 years
April 23, 2012
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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) consumer confidence index decreased from August’s revised 109.1 points (previously reported: 109.2) to 108.7 points in September, undershooting market expectations of a 109.1 reading and marking the worst result since July 2015. September’s reading reflected a deterioration in households’ assessments of their personal economic and general economic expectations for the future, with the latter hitting the worst result in two and a half years.