Italy EUR

Italy Consumer Confidence

Impact:
Medium
Source: National Institute of Statistics (ISTAT)

Latest Release:

Date:
Big Surprise:
3.5
| EUR
Actual:
96.5
Forecast: 93
Previous/Revision:
92.7
Period: May

Next Release:

Date:
Forecast: 93
Period: Jun
What Does It Measure?
The Italy Consumer Confidence Index measures the degree of optimism or pessimism that households express regarding their current and future economic situation. It primarily focuses on consumers' expectations for personal financial conditions, overall economic conditions, inflation, and employment levels.
Frequency
This index is released monthly, typically on the last working day of the month, reflecting consumer sentiments based on survey responses collected during the previous month, and it is often considered a preliminary estimate.
Why Do Traders Care?
Traders monitor the Italy Consumer Confidence Index as it is a crucial indicator of future consumer spending, which is a major component of economic growth. Higher-than-expected confidence levels tend to bolster the euro and stock markets, while negative readings can lead to bearish sentiment in these areas.
What Is It Derived From?
The index is derived from a survey of a representative sample of Italian households, usually about 2,000 respondents, who are asked about their perceptions and expectations related to their economic situation, unemployment, and savings. The survey employs diffusion indices, whereby a greater number of positive responses boosts the overall index score.
Description
The Italy Consumer Confidence Index is significant as it acts as a leading indicator, frequently utilized to gauge the general economic climate and predict consumer behavior in the Italian economy. Positive trends in this index often correlate with increased domestic consumption and investment, while negative trends can signal economic downturns.
Additional Notes
As a leading economic measure, the Italy Consumer Confidence Index often precedes broader economic trends, correlating with GDP growth or contraction. Additionally, it can be compared to similar US and EU consumer confidence metrics for a more robust understanding of consumer sentiment within the Eurozone context.
Bullish or Bearish for Currency and Stocks
Higher than expected: Bullish for EUR, Bullish for Stocks.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number Better than forecast for the currency (or previous revise better)
Red Number Worse than forecast for the currency (or previous revise better)
Hawkish Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish Favors lower rates to boost growth, weakening the currency but lifting stocks.
Date Time Actual Forecast Previous Surprise
May 29, 2025
96.5
 93
92.7
3.5
Apr 29, 2025
92.7
 94
95
 -1.3
Mar 28, 2025
95
 98.8
98.8
-3.8
Feb 27, 2025
98.8
 98.4
98.2
 0.4
Jan 29, 2025
98.2
 96
96.3
 2.2
Dec 20, 2024
96.3
 97
96.6
 -0.7
Nov 28, 2024
96.6
 97.2
97.4
 -0.6
Oct 25, 2024
97.4
 98.5
98.3
 -1.1
Sep 26, 2024
98.3
 96
96.1
 2.3
Aug 30, 2024
96.1
 99.2
98.9
 -3.1
Jul 26, 2024
98.9
 98
98.3
 0.9
Jun 27, 2024
98.3
 97
96.4
 1.3
May 29, 2024
96.4
 96
95.2
 0.4
Apr 24, 2024
95.2
 96.9
96.5
 -1.7
Mar 28, 2024
96.5
 97.5
97
 -1
Feb 28, 2024
97
 96.9
96.4
 0.1
Feb 06, 2024
96.4
 106
95.8
-9.6
Dec 22, 2023
106.7
 103.8
103.6
 2.9
Nov 29, 2023
103.6
 102
101.6
 1.6
Oct 27, 2023
101.6
 105.2
105.4
-3.6
Sep 28, 2023
105.4
 105.5
106.5
 -0.1
Aug 30, 2023
106.5
 105.6
106.7
 0.9
Jul 27, 2023
106.7
 107.8
108.6
 -1.1
Jun 27, 2023
108.6
 105.5
105.1
 3.1
May 26, 2023
105.1
 105.2
105.5
 -0.1
Apr 27, 2023
105.5
 105.5
105.1
Mar 28, 2023
105.1
 104
104
 1.1
Feb 27, 2023
104
 103.1
100.9
 0.9
Jan 26, 2023
100.9
 102.7
102.5
 -1.8
Dec 23, 2022
102.5
 98.5
98.1
4
Nov 25, 2022
98.1
 91
90.1
7.1
Oct 27, 2022
90.1
 93.8
94.8
-3.7
Sep 28, 2022
94.8
 95.1
98.3
 -0.3
Aug 26, 2022
98.3
 92.5
94.8
5.8
Jul 27, 2022
94.8
 96.6
98.3
 -1.8
Jun 24, 2022
98.3
 102.5
102.7
-4.2
May 26, 2022
102.7
 100.5
100
 2.2
Apr 28, 2022
100
 100.4
100.8
 -0.4
Mar 25, 2022
100.8
 108.3
112.4
-7.5
Feb 25, 2022
112.4
 115
114.2
 -2.6
Jan 28, 2022
114.2
 116.5
117.7
 -2.3
Dec 23, 2021
117.7
 116.2
117.5
 1.5
Nov 26, 2021
117.5
 117
118.4
 0.5
Oct 28, 2021
118.4
 118.5
119.6
 -0.1
Sep 24, 2021
119.6
 115.8
116.2
3.8
Aug 27, 2021
116.2
 116.1
116.6
 0.1
Jul 28, 2021
116.6
 115.5
115.1
 1.1
Jun 25, 2021
115.1
 112
110.6
3.1
May 27, 2021
110.6
 104.4
102.3
6.2
Apr 27, 2021
102.3
 102
100.9
 0.3
Mar 26, 2021
100.9
 100.7
101.4
 0.2
Feb 25, 2021
101.4
 101
100.7
 0.4
Jan 28, 2021
100.7
 100.5
101.1
 0.2
Dec 23, 2020
102.4
 98.5
98.4
3.9
Nov 27, 2020
98.1
 99
101.7
 -0.9
Oct 29, 2020
102
 102.2
103.3
 -0.2
Sep 25, 2020
103.4
 100.8
101
2.6
Aug 28, 2020
100.8
 100
100.1
 0.8
Jul 24, 2020
100
 103.8
100.7
-3.8
Jun 26, 2020
100.6
 97.5
94.3
3.1
May 28, 2020
94.3
 88.5
100.1
5.8
Mar 27, 2020
101
 100.5
110.9
 0.5
Feb 27, 2020
111.4
 111.4
111.8
Jan 29, 2020
111.8
 110.5
110.8
 1.3
Dec 20, 2019
110.8
 109
108.6
 1.8
Nov 27, 2019
108.5
 111.7
111.5
-3.2
Oct 30, 2019
111.7
 111.7
112.2
Sep 27, 2019
112.2
 112.6
111.9
 -0.4
Aug 28, 2019
111.9
 109.6
113.3
2.3
Jul 26, 2019
113.4
 109.6
109.8
3.8
Jun 27, 2019
109.6
 111.3
111.6
 -1.7
May 29, 2019
111.8
 110
110.6
 1.8
Apr 19, 2019
110.5
 111.2
111.2
 -0.7
Mar 27, 2019
111.2
 112
112.4
 -0.8
Feb 27, 2019
112.4
 113
113.9
 -0.6
Jan 30, 2019
114
 112.6
113.2
 1.4
Dec 21, 2018
113.1
 114
114.7
 -0.9
Nov 27, 2018
114.8
 115.9
116.5
 -1.1
Oct 30, 2018
116.6
 115
116.1
 1.6
Sep 27, 2018
116
 114.9
115.3
 1.1
Aug 28, 2018
115.2
 115.9
116.2
 -0.7
Jul 26, 2018
116.3
 115.9
116.2
 0.4
Jun 27, 2018
116.2
 113.2
113.9
3
May 29, 2018
113.7
 116.5
116.9
-2.8
Apr 24, 2018
117.1
 116.9
117.5
 0.2
Mar 27, 2018
117.5
 115
115.7
2.5
Feb 27, 2018
115.6
 114.9
115.5
 0.7
Jan 30, 2018
115.5
 116.3
116.5
 -0.8
Dec 22, 2017
116.6
 114
114.4
2.6
Nov 27, 2017
114.3
 116.4
116
 -2.1
Oct 26, 2017
116.1
 114.9
115.6
 1.2
Sep 27, 2017
115.5
 110.8
111.2
4.7
Aug 28, 2017
110.8
 106.9
106.9
3.9
Jul 26, 2017
106.7
 106.2
106.4
 0.5
Jun 27, 2017
106.4
 106.2
105.4
 0.2
May 26, 2017
105.4
 107.3
107.4
 -1.9
Apr 27, 2017
107.5
 107.5
107.6
Mar 29, 2017
107.6
 106.6
106.6
 1
Feb 24, 2017
106.6
 109
108.6
 -2.4
Jan 27, 2017
108.8
 110.6
110.9
 -1.8
Dec 28, 2016
111.1
 112.4
108.1
 -1.3
Nov 28, 2016
107.9
 109.6
108
 -1.7
Oct 27, 2016
108
 109.5
108.6
 -1.5
Sep 28, 2016
108.7
 109.1
109.1
 -0.4
Aug 29, 2016
109.2
 110.5
111.2
 -1.3
Jul 27, 2016
111.3
 109.2
110.2
 2.1
Jun 28, 2016
110.2
 112.5
112.5
 -2.3
May 27, 2016
112.7
 114.4
114.1
 -1.7
Apr 27, 2016
114.2
 115
114.9
 -0.8
Mar 29, 2016
115
 114
114.5
 1
Feb 25, 2016
114.5
 117.9
118.6
 -3.4
Jan 27, 2016
118.9
 117
117.7
 1.9
Dec 29, 2015
117.6
 117
118.4
 0.6
Nov 27, 2015
118.4
 116.5
117
 1.9
Oct 28, 2015
116.9
 112.1
113
4.8
Sep 28, 2015
112.7
 108.97
109.3
3.73
Aug 28, 2015
109
 105.92
106.7
 3.08
Jul 28, 2015
106.5
 109
109.3
 -2.5
Jun 26, 2015
109.5
 105.7
106
3.8
May 28, 2015
105.7
 108.2
108
 -2.5