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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
ItalyItaly Consumer Confidence climbed to 93.4% in May 2026
FMPMonthlyReleased May 2026
Italy Consumer Confidence climbed to 93.4% in May 2026, up 2.6% from April's 90.8% reading. The reading matched the 90.1% consensus. Year-over-year, the indicator is down 3.1%. Over the past 3 months, Consumer Confidence averaged 91.7%, vs 96.93% in the prior 3-month window. The reading is in the 15th percentile of the trailing 24-month range.
Latest Release
93.4
Actual
90.1
Consensus
90.8
Previous
Median Absolute Error
±1.2 percentage points
across last 12 releases
Last Call
May 2026
Predicted: 88.9
Actual: 93.4
Error: -4.5
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| S&P 500 | ▲ Direct | +0.49 | INDEX | Bullish S&P 500 | → View |
| BTC/USD | ▲ Direct | +0.47 | CRYPTO | Bullish BTC | → View |
| FTSE 100 | ▲ Direct | +0.45 | INDEX | Bullish FTSE 100 | → View |
| Euro STOXX 50 | ▲ Direct | +0.40 | INDEX | Bullish Euro STOXX 50 | → View |
| DAX | ▲ Direct | +0.33 | INDEX | Bullish DAX | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Consumer Confidence (Italy) was reported at 93.4% in May 2026. This beat the market consensus of 90.1% by 3.3%. The reading rose from the previous value of 90.8%. Trailing 12-month context per ETL data through May 2026. Over the past 12 months, the indicator has averaged 95.97%, ranging from 92.6% to 97.6% across 11 releases. This is classified as a medium-impact indicator released on a monthly basis.
WHY IT MATTERS
The trailing three releases averaged 94.47%, down from the prior three at 96.13%. Volatility over the past year (σ 1.57%) is comparable than the prior year (σ 1.73%). In May readings over the past 3 years, Consumer Confidence has averaged 95.43%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with S&P 500 (Bullish S&P 500). A secondary relationship exists with BTC/USD, positively correlated (Bullish BTC). Over the last 12 releases, the Sigmacast model's median absolute error is 1.2%.
WHAT TO WATCH NEXT
The next release is scheduled for June 26, 2026. Same-country events in the next 14 days include Business Confidence (Jun 26) and Inflation Rate MoM (Jun 30).
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
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Consumer Confidence - IT
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About Consumer Confidence — Italy
DEFINITION
Index The Consumer Confidence Index is a widely recognized financial indicator that measures the level of optimism or pessimism among consumers regarding the state of the economy. It is based on surveys and data collected from a representative sample of households, and is used by economists and investors to gauge consumer spending patterns and overall economic health. A higher index value indicates a positive outlook, while a lower value suggests a more negative sentiment. This index is a valuable tool for businesses and policymakers in making informed decisions and predicting future economic trends.
WHY THIS INDICATOR MATTERS
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (May 2026): actual 93.4 %, consensus 90.1 %. Prior reading (Apr 2026): 90.8 %. Before that (Mar 2026): 92.6 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook diverging from that direction. The 1-month and 3-month horizons disagree, suggesting a mixed signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with S&P 500 (Bullish S&P 500, r=0.49) — a useful reference for index-focused traders.