Italy Consumer Confidence November 2018

Italy

Italy: Consumer confidence drops in November

November 27, 2018

The consumer confidence index released by the National Institute of Statistics (ISTAT) declined to 114.8 points in November from October’s revised 116.5 points (previously reported: 116.6 points).

Consumers’ expectations of the future general economic situation and their assessments of the current general economic situation deteriorated, driving the downturn, likely due to growing concerns about the recent turbulence in the financial markets and the stagnation of the economy in the third quarter. Meanwhile, their expectations on unemployment and their future personal economic situation as well as their assessments of future saving possibilities also worsened. On the other hand, consumers’ assessments of their current personal economic situation improved, as did their willingness to buy big-ticket items.

Italy Private Consumption Forecast


FocusEconomics Consensus Forecast panelists expect private consumption to expand 0.9% in 2019, which is unchanged from last month’s forecast. For 2020, panelists see private consumption growing 0.8%.


Author: Massimo Bassetti, Economist

Sample Report

Looking for forecasts related to Consumer Confidence in Italy? Download a sample report now.

Download

Italy Consumer Confidence Chart


Italy Consumer Confidence November 2018

Note: Value of monthly consumer confidence index.
Source: National Statistical Institute (Istat).


Italy Economic News

  • Italy: Industrial production shows further signs of life in February

    April 10, 2019

    Industrial output rose 0.8% in February on a month-on-month, seasonally-adjusted basis, following January’s stronger 1.9% jump.

    Read more

  • Italy: Manufacturing sector in dire state in March

    April 1, 2019

    The IHS Markit manufacturing Purchasing Managers’ Index (PMI) dipped to 47.4 in March from February’s 47.7, marking the worst reading in close to six years.

    Read more

  • Italy: Inflation stable in March

    March 29, 2019

    According to provisional data released by the National Statistical Institute (ISTAT) on 29 March, consumer prices rose 0.3% month-on-month in March, following February’s 0.2% increase.

    Read more

  • Italy: Business confidence regains some lost ground in March

    March 27, 2019

    The National Institute of Statistics’ (Istat) composite business confidence indicator (Clima di Fiducia delle Imprese Italiane, IESE)—which covers the manufacturing, construction, market services and retail sectors—rose to 99.2 points in March from February’s revised 98.2 points (previously reported: 98.3 points), which had marked the worst reading since February 2015. March’s reading was the result of improving sentiment in the construction and market services sectors, which more than offset weaker sentiment in the manufacturing sector.

    Read more

  • Italy: Consumer confidence moves further down in March

    March 27, 2019

    The consumer confidence index released by the National Institute of Statistics (ISTAT) declined to 111.2 points in March from February’s 112.4 points, marking the worst result since August 2017. March’s deterioration was broad-based.

    Read more

More news

Search form