Current Affairs

Italian households: spending patterns are changing – technology and leisure are driving consumption, whilst food and fashion are losing ground

According to an analysis by Confcommercio, real per capita consumer spending reached €23,261 in 2026, surpassing the 2007 record, but was not distributed evenly across all spending segments

 (Adobe Stock)

4' min read

Translated by AI
Versione italiana

4' min read

Translated by AI
Versione italiana

Italian households are spending more on technology, telecommunications, IT and leisure-related services, and less on traditional physical goods (food for the home, clothing); looking at the trend over the last thirty years, this spending exceeded the all-time high recorded in 2007 by 2026.

An analysis by Confcommercio’s Research Department into Italian household consumption between 1995 and 2026 reveals that technology, telecommunications and IT top the list of Italians’ spending habits, having recorded growth of almost 3,200 per cent over thirty years. Spending on leisure activities (cultural and recreational services) also rose by 137 per cent over the same period. The catering sector (+25.3 per cent) and spending on travel and holidays (+17.2 per cent) have performed well, though they have not yet returned to pre-Covid levels.

Loading...

Spending on telecoms and IT has driven growth in consumer spending

In 2026, real per capita consumer spending reached 23,261 euros (an increase of 314 euros compared with 2025), exceeding not only pre-Covid levels but also the peak recorded in 2007 (22,975 euros), the year the global financial crisis began. However, the recovery in demand – aided in part by the gradual growth in employment and incomes – has not led to a full return to pre-crisis consumption levels across all spending segments.

 Spending on technology, telecoms and IT has driven household consumption, which has seen its strongest growth in the last thirty years: spending by volume on IT devices, telecoms and related services has risen from less than 8 euros to 252 euros per capita, the boom is also attributable to the shift from luxury/niche goods in the 1990s (early mobile phones, desktop PCs) to essential goods and items of continuous use (smartphones, tablets, internet subscriptions, cloud services and connected devices).

 Spending on leisure activities also shows, in quantitative terms, a gradual upward trend. The volume of goods and services purchased has grown by nearly 50 per cent in real terms between 1995 and 2026. Among the most dynamic sectors, alongside audiovisual products, are cultural, recreational and entertainment services, which, following the severe crisis caused by the pandemic, are now performing very well, leading to an estimated expenditure of 637 euros in 2026 compared with the 394 euros spent in 2007.

Household food expenditure is down

The shift in spending habits has led to a decline in the real share of household expenditure across certain segments over the years: compared with 1995, spending on household food has fallen (-3.5% over the last three decades), partly due to demographic trends and the rise in eating out.

Among the least dynamic sectors, Confcommercio’s analysis highlights – despite modest recoveries over the last two years – clothing and footwear (+6.2 per cent), a consequence of demand being more focused on items of lower intrinsic value than in the past (so-called ‘fast fashion’), and the furniture and homewares sector (+5.9%). In terms of demand for traditional goods, therefore, there is a trend towards ‘household caution, driven primarily by the uncertainty characterising the current economic climate’.

As regards domestic energy, the 37.4 per cent fall is attributable to ‘more mindful consumption patterns, but also to the growing use of energy-saving products and systems’, which have led to a significant reduction in the volumes purchased over the last decade.

Travel, holidays and eating out are on the rise, but not yet back to pre-Covid levels

As regards the travel and holidays, transport services and catering (meals and refreshments consumed outside the home) sectors, these have been at the top of consumers’ preferences in recent years, partly thanks to the support provided by demand from abroad, but the strong recovery recorded following the sudden halt caused by the pandemic has not yet made up for the losses accumulated in 2020: the consumption index (base 100 in 1995) for these three sectors remains, in fact, below 2019 levels.

The burden of household expenses is growing

When analysing expenditure at current prices – and thus also taking into account the effect of price changes over the years in question – on the actual proportion of the annual budget that an average household must bear, a gradual increase in the share of expenditure on household consumption becomes apparent. This remains the main item of expenditure for households, rising from 25.8 per cent in 1995 to 28.9 per cent in 2026.

Loading...

Consumption is forecast to grow by 1.2 per cent in 2026, with average inflation of 2.7 per cent,

 According to Confcom’s forecasts, real per capita expenditure – following the decline recorded between 2007 and 2019 – has begun to recover gradually in recent years, ‘aided by rising employment’ – with the number of people in employment consistently above the 24 million mark – taking into account the post-Covid rebound, which, from its low in January 2021, has seen the number of people employed in the production process rise by over 2.2 million, with an ‘impact on incomes’.

Despite the significant uncertainties caused by the conflict in the Middle East and fears of a sharp economic slowdown, the Italian economic outlook has proved more favourable than expected. The Confcommercio Research Department estimates GDP growth of 0.9%, consumer spending growth of 1.2% and average inflation of 2.7% for 2026, whilst forecasting that the second half of the year will be less buoyant than the first.

Copyright reserved ©
Loading...

Brand connect

Loading...

Newsletter

Notizie e approfondimenti sugli avvenimenti politici, economici e finanziari.

Iscriviti