Skyline of Florence, Italy

Italy Consumer Confidence February 2019

Italy: Consumer confidence tumbles in February as economy enters recession in Q4

The consumer confidence index released by the National Institute of Statistics (ISTAT) declined to 112.4 points in February from January’s revised 113.9 points (previously reported: 114.0 points), marking the worst result since August 2017.

Consumers’ assessments of the current general economic situation took a sharp dive, as did their expectations of the future general economic situation. This was likely due to recently released data on Q4, which shows that GDP contracted for the second consecutive quarter, throwing the country into the third technical recession in a decade. Additionally, consumers’ willingness to buy big-ticket items also plunged. On the other hand, consumers’ expectations on their future personal economic situation improved somewhat, as did their outlook on unemployment.

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