Date
GMT+01:00
Event Previous Forecast Actual
Aug, 21 15:00
Consumer Confidence
Consumer Confidence
Country:
Date: Aug, 21 15:00
Importance: Low
Previous: -15.9
Forecast: -16.0
Actual: -
Period: Aug

Consumer confidence is a measure of popular sentiment concerning the Eurozone economy. The figure is derived from a survey that asks thousands of consumers about personal expenditure patterns and inflationary expectations. In general, rising consumer confidence precedes increased consumer spending, which drives both economic growth and inflation. Even though t he Italian economy is heavily driven by its export sector, domestic consumer confidence is an important gauge of overall economic activity and future inflationary pressures.

A headline figure above 50 shows positive consumer sentiment, while a number below 50 shows negative consumer sentiment; the greater the distance, the stronger the sentiment.

-15.9 -16.0 -