Italy Consumer Confidence July 2021

Italy

Italy: Consumer confidence hits near three-year high in July

July 28, 2021

Consumer confidence rose to 116.6 in July from June's 115.1, marking the best reading since September 2018.

July’s reading came on the back of stronger sentiment in the economic, personal and current climates subindexes. Confidence in the future climate subindex, meanwhile, weakened from the previous month.

Panelists project private consumption to increase 3.2% in 2021, which is up 0.1 percentage points from last month’s forecast. For 2022, panelists see private consumption growing 5.2%.


Author:, Economist

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Italy Consumer Confidence July 2021

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


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