Italy Consumer Confidence March 2016


Italy: Consumer confidence improves slightly in March

March 29, 2016

The National Institute of Statistics’ (Istat) consumer confidence index improved from 114.5 in February to 115.0 in March. The result came in above market expectations that the index would record a slight decrease to 114.0.

March’s result reflected an increased households’ willingness to buy durable goods as well as an improvement in households’ assessment of the current and future general economic situation.

Panelists expect private consumption to expand 1.2% in 2016, which is unchanged from last month’s forecast. For 2017, panelists see private consumption growing 1.1%.

Author: Massimo Bassetti, Economist

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Italy Consumer Confidence Chart

Italy Consumer Confidence March 2016 0

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

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