Private Consumption in Italy
Italy's economy recorded an average growth rate of 0.3% in private consumption over the decade leading to 2022. This is below the Euro Area's average of 1.0%. In 2022, Italy's private consumption growth was 5.0%. For more private consumption information, visit our dedicated page.
Italy Private consumption Chart
Note: This chart displays Private Consumption (annual variation in %) for Italy from 2016 to 2015.
Source: Macrobond.
Italy Private consumption Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Private Consumption (ann. var. %) | 0.0 | -10.6 | 5.8 | 5.0 | 1.0 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Italian private consumption projections for the next ten years from a panel of 26 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable private consumption forecast available for Italian private consumption.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Italian private consumption projections.
Want to get access to the full dataset of Italian private consumption forecasts? Send an email to info@focus-economics.com.