Italy Consumer Confidence

Italy

Italy: Consumer confidence edges down in August

August 29, 2012

In August, the index of consumer sentiment published by ISTAT dropped to 86.0 points from 86.5 in July, matching market expectations. Sentiment deteriorated amid more pessimistic expectations regarding the general economy compared to the previous month. On the other hand, households' assessment on their own financial situation improved compared to July. In addition, respondents showed less pessimistic expectations regarding their financial situation in the short term. Accordingly, prospects for purchases of durable goods rose compared to July.


Author:, Head of Data Solutions

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Italy Consumer Confidence Chart


Italy Consumer Confidence August 2012

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


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