Italian Confidence Data Improves Further in August: ING Research

Italian consumer and business confidence improved further in August 2026, driven by gains in services, tourism, and manufacturing production expectations. This broad-based resilience supports ING's forecast of 0.9% GDP growth in 2026.

Key Takeaways

• 1.Italian economic confidence improved broadly across consumers and businesses in August 2026, reinforcing expectations of continued economic resilience into Q3.
• 2.Consumer confidence rose for a third consecutive month to 94.5, supported by improved household views of their finances and easing unemployment concerns, despite caution regarding durable goods purchases.
• 3.Manufacturing confidence reached 89.9, its highest level since June 2023, while services confidence climbed to 99.5 led by strong tourism and transport activity.

Table of Contents

• Italian confidence data improves further in August
• Consumed confidence posted another modest gain
• Manufacturing confidence continues to point to a slow bottoming-out
• Tourism gains the main driver of service confidence improvement
• GDP growth of 0.9% in 2026 looks increasingly within reach
• Author
• Disclaimer

Report data

Consumer confidence in Italy rose for a third consecutive month

Reports in this series

Snap is shown in chronological order through this edition, published on August 28, 2026.

Part of the Snap series — view all 33 editions

Looking for the latest edition? ING Think turkish current account deficit maintains widening trend (Sep 11, 2026)

1. Aug 17ING Think construction pricing heat up in czechia
2. Aug 25ING Think german ifo index aug26
3. Aug 26ING Think us spending stalls as inflation makes slow progress towards target
4. Aug 27ING Think bsp stays hawkish as inflation risks remain elevated
5. Aug 27ING Think eurozone bank lending growth accelerated in july
6. Aug 27ING Think ecb prepares markets for september rate hike

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