Italy Consumer Confidence May 2021

Italy

Italy: Consumer confidence rises to over-year high in May

May 27, 2021

Consumer confidence came in at 110.6 in May, jumping from April’s 102.3 and marking the best result in almost a year-and-a-half, supported by the gradual easing of restrictions from late April.

May’s upturn reflected a broad-based improvement. Sentiment in the future climate subindex improved notably, and it also strengthened in the personal climate subindex. Notably, the economic and current climate subindexes returned to optimistic territory with the former improving markedly.

Panelists project private consumption to increase 3.4% in 2021, which is from last month’s forecast. For 2022, panelists see private consumption growing 4.9%.


Author:, Economist

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Italy Consumer Confidence Chart


Italy Consumer Confidence May 2021

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


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