The index of consumer sentiment published by ISTAT rose from 93.3 points in October (previously reported: 94.2 points) to 96.5 points in November, recovering from what was a more than three-year low. The result marked the first pick-up in the index in the last six months and surprised market analysts, who had expected sentiment to drop to 92.4 points. The November print reflected strong improvements on households' expectations regarding the general economy, which rose by 24 points. In addition, respondents to the survey have more optimistic expectations regarding their personal financial situation (+1.0 points), leading to better prospects for purchases of durable goods compared to the previous month (+7.0 points).
Italy Consumer Confidence
Consumer confidence surprisingly rises in November
November 24, 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.