Private Consumption in Italy
Italy's economy recorded an average growth rate of 0.3% in private consumption over the decade leading to 2022. This is below the Euro Area's average of 1.0%. In 2022, Italy's private consumption growth was 5.0%. For more private consumption information, visit our dedicated page.
Italy Private consumption Chart
Italy Private consumption Data
|Private Consumption (ann. var. %)
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Italian private consumption projections for the next ten years from a panel of 25 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable private consumption forecast available for Italian private consumption.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Italian private consumption projections.
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