The index of consumer sentiment published by ISTAT dropped from a revised 106.3 points in February (previously reported: 106.4 points) to 105.2 points in March. The fall was less severe than expected, as market analysts saw consumer confidence dropping to 106.0 points. With the March drop, consumer confidence fell to a 7-month trough and remains below its long-term average value of 113.0 points. Consumer sentiment deteriorated as households' expectations regarding the general economy in the short term worsened, chiefly driven by a darker outlook for the labour market. In contrast, respondents to the survey judge their current personal financial situation more positively. However, households believe that their financial situation will worsen in the short term, leading to deteriorating prospects for purchases of durable goods.
Italy Consumer Confidence
Consumer confidence disappoints in March
March 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.