The Consumer Confidence index reflects the level of consumer confidence in the Italian economic activity. The index is calculated based on a monthly survey of households, which includes consumer opinion on the following questions: general economic situation in Italy, respondents' own financial condition and their intentions in terms of savings and expenditure. The survey participants provide an evaluation of trends over the past twelve months and an outlook for the next twelve months. The short-term outlook of Italy's economy can be measured based on the Consumer Confidence Index.
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.
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The Calendar data are provided as is. The economic news release frequency and schedule, as well as the economic parameters' values may change without our knowledge. You can use the provided information, but you accept all the risks associated with making trade decisions based on the Calendar data.