Skyline of Florence, Italy

Italy Consumer Confidence January 2018

Italy: Consumer confidence slips at the beginning of the year

The consumer confidence index released by the National Institute of Statistics (Istat) slipped to 115.5 points in January, down from a revised 116.5 points in December (previously reported: 116.6). The reading undershot market expectations of 116.3 points.

January’s reading reflected a deterioration in consumers’ assessments of their personal economic situation as well as in their expectations about the future economic situation. Moreover, consumers’ expectations on unemployment also deteriorated. On the other hand, consumers’ expectations on their personal future economic situation improved, as did their assessments on the current general economic situation and their outlook on the possibility to save.

The weakening of consumers’ assessments of the future economic situation of the country could be due to the likelihood of a political gridlock resulting from the general election to be held on 4 March.

Italy Private Consumption Forecast

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest