Italy Consumer Confidence

Country:
Italy
EUR, Euro
Sector:
Consumer
Low 94.3 94.1
101
Last release Importance Actual Forecast
Previous
86.3
94.3
Next release Actual Forecast
Previous
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The economic indicator of Consumer Confidence is an index measuring the level of consumer confidence in the economic activities in Italy.

The index is calculated based on a survey of individuals of at least 18 years of age. The participants are asked nine questions which enable the assessment of consumer optimism or pessimism. The individuals are requested to provide assessments and expectations on the general economic situation in Italy, expectations on unemployment, assessments and expectations on households’ financial situation, current opportunity and future possibility of savings, durable goods purchases, assessments regarding family budget. The survey results are seasonally adjusted.

This indicator is very important because through it is possible to forecast consumer spending, where this expenditure constitutes an important part of the total economic activity in Italy. Consumer optimism is reflected by high values of this economic indicator.

With regard to interpretation in trading, higher than forecast data should be taken as positive for the EUR(bullish), while lower than forecast data should be taken as negative for the EUR (bearish).

Last values:

actual data

forecast

The chart of the entire available history of the "Italy Consumer Confidence" macroeconomic indicator. The dashed line shows the forecast values ​​of the economic indicator for the specified dates.

A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values ​​of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.

Date (GMT)
Reference
Actual
Forecast
Previous
May 2020
94.3
94.1
101
Mar 2020
101
113.5
110.9
Feb 2020
111.4
113.5
111.8
Jan 2020
111.8
109.1
110.8
Dec 2019
110.8
108.4
108.6
Nov 2019
108.5
112
111.5
Oct 2019
111.7
112.7
112.2
Sep 2019
112.2
111.6
111.9
Aug 2019
111.9
110.8
113.3
Jul 2019
113.4
111.2
109.8
Jun 2019
109.6
110.9
111.6
May 2019
111.8
111.9
110.6
Apr 2019
110.5
114.2
111.2
Mar 2019
111.2
114.2
112.4
Feb 2019
112.4
113.2
113.9
Jan 2019
114
110.7
113.2
Dec 2018
113.1
115.9
114.7
Nov 2018
114.8
116.5
Oct 2018
116.6
116.1
Sep 2018
116
115.3
Aug 2018
115.2
116.2
Jul 2018
116.3
116.2
Jun 2018
116.2
113.9
May 2018
113.7
116.9
Apr 2018
117.1
117.5
Mar 2018
117.5
115.7
Feb 2018
115.6
115.5
Jan 2018
115.5
116.5
Dec 2017
116.6
114.4
Nov 2017
114.3
116
Oct 2017
116.1
115.6
Sep 2017
115.5
111.2
Aug 2017
110.8
106.9
Jul 2017
106.7
106.4
Jun 2017
106.4
105.4
May 2017
105.4
107.4
Apr 2017
107.5
107.6
Mar 2017
107.6
106.6
Feb 2017
106.6
108.6
Jan 2017
108.8
111.1
Dec 2016
111.1
108.1
Nov 2016
107.9
108
Oct 2016
108
108.6
Sep 2016
108.7
109.1
Aug 2016
109.2
111.2
Jul 2016
111.3
110.2
Jun 2016
110.2
112.5
May 2016
112.7
114.1
Apr 2016
114.2
114.9
Mar 2016
115
114.5

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