Italy Consumer Confidence

Consumer Confidence in Italy increased to 101.70 in March of 2014 from 97.70 in February of 2014. Consumer Confidence in Italy is reported by the ISAE/ISTAT. Consumer Confidence in Italy averaged 106.05 from 1982 until 2014, reaching an all time high of 124.19 in November of 1988 and a record low of 84.80 in November of 2012. In Italy, the Confidence Climate Index covers 2,000 Italian consumers. The survey is done by phone and assesses households’ economic conditions, employment and saving prospects and expected purchases of durable goods. The consumer confidence index is adjusted for seasonal effects and fixed to a base year of 2005. The value 100 indicates no evolution in consumer sentiment, a value over 100 shows increasing confidence and a value under 100 indicates low expectations. This page provides - Italy Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
101.70 97.70 124.19 84.80 101.07 | 2014/04 1982 - 2014 Monthly


Italy Consumer Confidence

CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2013-12-23 09:00 AM Italy
Consumer Confidence
Dec 2013 96.2 98.3 98.8 98.7
2014-01-28 09:00 AM Italy
Consumer Confidence
Jan 2014 98.0 96.4 (R) 97 96.29
2014-02-25 10:00 AM Italy
Consumer Confidence
Feb 2014 97.5 98.0 98.5 98.59
2014-03-26 10:00 AM Italy
Consumer Confidence
Mar 2014 101.7 97.7 (R) 98.4 97.43
2014-04-28 09:00 AM Italy
Consumer Confidence
Apr 2014 101.7 101.06
2014-05-27 09:00 AM Italy
Consumer Confidence
May 2014 101.12

Consumer Last Previous Highest Lowest Forecast Unit
Consumer Spending 198776.40 2013-11-15 198937.90 216310.60 173085.30 197338.07 2014-03-31 EUR Million [+]
Disposable Personal Income 270608.00 2013-11-15 270678.00 279034.00 197571.00 270281.21 2014-03-31 EUR Million [+]
Personal Savings 1.85 2014-01-15 1.86 8.57 0.94 1.59 2014-02-28 Percent [+]
Retail Sales MoM 0.00 2014-01-31 -0.30 2.20 -2.20 0.00 2014-02-28 Percent [+]
Retail Sales YoY -0.90 2014-01-31 -2.60 17.40 -6.80 -0.70 2014-02-28 Percent [+]
Consumer Confidence 101.70 2014-03-15 97.70 124.19 84.80 101.07 2014-04-30 [+]

Consumer Confidence | Notes
Consumer confidence is an indicator designed to measure the degree of optimism that consumers feel about the overall state of the economy and their personal financial situation. How confident people are about stability of their incomes determines their spending activity and therefore serves as one of the key indicators for the overall shape of the economy. If consumer confidence is higher, consumers are making more purchases, boosting the economic expansion. On the other hand, if confidence is lower, consumers tend to save more than they spend, prompting the contraction of the economy.


Italian Trade Surplus Widens in February  
The trade surplus increased to EUR 2.6 billion in February of 2014, from a revised EUR 0.36 billion in the previous month, as exports increased at a faster pace than imports. Compared with a year earlier, the trade surplus more than doubled from EUR 1.05 billion.
Italy Inflation Rate Confirmed at 0.4% in March  
Italian consumer prices slowed to 0.4 percent year-on-year in March of 2014, the lowest rate since October of 2009 and matching the initial estimates. On a monthly basis, the inflation rate accelerated to 0.1 percent, up from a 0.1 percent fall in February.
Italy Unemployment Rate Edges Up in February  
Italian seasonally adjusted jobless rate increased for the second consecutive month in February of 2014 to a new fresh high of 13.0 percent, up from 12.9 percent in the previous month, and 11.5 percent a year earlier. It is the highest level since records began.
Italy Inflation Rate Down to 4-1/2-Year Low  
In March of 2014, annual consumer prices are expected to slow to 0.4 percent, down from 0.5 percent in the previous month and reaching the lowest rate since October of 2009. The slowdown was mainly due to a fall in prices of energy products and unprocessed food.
Italy Posts Trade Surplus in January  
Italy’s trade balance turned into a € 365 million surplus in January of 2014 compared with a € 1810 million deficit in the same period last year, as imports fell and exports rose slightly. Compared with the previous month, the trade surplus narrowed 89 percent.
Italy Inflation Confirmed at 0.5% in February  
Italian inflation rate rose at its lowest pace in four years of 0.5 percent in February of 2014, confirming the preliminary estimates. The slowdown was mainly due to volatile components, such as unprocessed food and energy.
Italian GDP Growth Confirmed in Q4  
Italian economy returned to growth in the last three months of 2013. Final estimates confirmed the GDP advanced 0.1 percent on a quarter-on-quarter basis, driven by exports and a marginal recovery in investments.
Italy’s Unemployment Rate Up to New Record High  
In January of 2014, Italian jobless rate rose to a new record high of 12.9 percent, up from 12.7 percent in the last month of 2013. The January rate is the highest since the data series began in 1977.
Italian Inflation Falls to 4-Year-Low of 0.5% in February  
In February, Italy's consumer price index rose by 0.5 percent with respect to February of 2013, its slowest pace since October of 2009. The slowdown was mainly driven by lower prices of energy and fresh food.
Italy’s Inflation Confirmed at 0.7% in January  
In January of 2014, the Italian consumer price index rose by 0.2 percent compared with the previous month and by 0.7 percent with respect to January of 2013, the same annual rate of December. Final data confirms the provisional estimates.


Bank of Thailand Leaves Interest Rate Unchanged  
At its April 23rd, 2014 meeting, the Monetary Policy Committee left the benchmark interest rate on hold at 2.0 percent. Policymakers expect 2014 growth to be lower than previous assessed due to prolonged political unrest.
South Africa Inflation Rate Back to 6%  
South African annual consumer prices accelerated for the fourth straight month in March of 2014 to a six-month high 6 percent. On a monthly basis, prices advanced 1.3 percent, the fastest pace in five years.
Singapore Inflation Rate Edges Up in March  
Annual consumer prices rose 1.2 percent in March of 2014, up from a 0.4 percent increase in February, mainly due to a smaller fall in car prices. Contributions from all other major categories, except accommodation, were also slightly higher.
Australia Inflation Rate Accelerates Further in Q1  
Australian annual consumer prices advanced 2.9 percent in the first three months of 2014, up from 2.7 percent in the previous quarter, but below market forecasts. The rise was driven by seasonal increases in cost of healthcare, transport and school fees, and by a large hike in tobacco duties.
Mexico Unemployment Rate Up to 4.8% in March  
Mexican unadjusted jobless rate rose to 4.8 percent in March of 2014, up from 4.65 percent in February and 4.51 percent a year earlier. Upon seasonal adjustment, the unemployment rate rose to its highest in more than one year to 5.25 percent.
Hong Kong Unemployment Rate Unchanged in March  
Hong Kong’ seasonally adjusted jobless rate remained steady at 3.1 percent for the third consecutive period in January to March of 2014, down from 3.5 percent a year earlier.
Hong Kong Inflation Rate Unchanged in March  
Hong Kong annual consumer prices rose 3.9 percent in March of 2014, the same rate recorded in February. In the first quarter of 2014, the inflation rate rose by 4.2 percent over a year earlier. The corresponding increase after netting out the effects of all Government's one-off relief measures was 3.8 percent.
China Cuts Reserve Ratio for Rural Banks  
The People's Bank of China decided to cut the reserve requirement ratio by 2 percentage points for rural commercial banks and by 0.5 percentage point for rural credit cooperatives, aiming to stimulate growth in some parts of the country. The cut will be effective from April 25th, 2014.
Japanese Trade Deficit Widens in March  
Japan’s trade gap increased to a wider-than-expected ¥ 1446.3 billion in March of 2014, up from a revised ¥ 802.5 billion deficit in the previous month and a ¥ 356.9 billion gap a year earlier, as energy imports continued to rise.
Chile Leaves Monetary Policy Unchanged  
At its April 17th, 2014 meeting, Central Bank of Chile left the benchmark interest rate on hold at 4 percent, following last month's cut, citing low output and demand, but hinted possible future rate cuts, depending on domestic and external conditions.

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