Legacoop Ipsos

Wars and price rises, six out of ten Italians expect a recession in the coming months

More than 8 out of 10 respondents expect an increase in the cost of living in the coming months and almost one in two expect significant price increases

by Andrea Carli

4' min read

Translated by AI
Versione italiana

4' min read

Translated by AI
Versione italiana

An Italia marked by pessimism, economic fears and growing disquiet over international conflicts, from Ukraine to Iran. This is the picture that emerges from the report FragilItalia "War and Peace", drawn up by Area Studi Legacoop and Ipsos, which, on the basis of a survey conducted on a representative sample of the population (800 cases, aged 18 and over), photographs perceptions and expectations of Italians with respect to the global scenario and its repercussions on daily life.

The clearest data concerns the perception of the future: more than 3 out of 4 Italians (77%) believe that the situation in the coming months will get worse than today, while only 22% see an improvement (34% among the under 30s; 32% among the middle class). Pessimism reaches even higher levels among the most fragile social strata: it reaches 91% among the working class and 81% among the over 64s, women and the unemployed.

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59% fear recession, 85% expect cost of living to rise

Economic expectations therefore confirm a climate of strong uncertainty. 59% of Italians (71% in the working class) expect a recession in the coming months (about half of them a 'strong' recession), while 29% expect stagnation. Only 13% imagine economic growth, albeit weak. Even more widespread is the concern about the cost of living: more than eight out of ten respondents (85%) expect an increase in the coming months, and almost one in two foresees significant price rises. The balance between expectations of price increases and decreases is strongly negative, indicating an almost unanimous perception of pressure on household budgets.

Widespread anxiety: 3 out of 4 Italians feel fear for the future

Ongoing conflicts also have a profound emotional impact: 74% of Italians say they often or constantly feel anxiety and fear for the future. The main fears linked to ongoing conflicts concern the outbreak of a third world war (45%) and the economic consequences (33%).

International conflicts: minimum consensus, maximum concern

Strongly negative is the opinion of the Italians on major armed interventions. Less than one in four (23%) approve of the US action in Venezuela; 21% approve of the US and Israeli attack on Iran, 19% the intervention of the Israeli army in Gaza, 14% the Israeli interventions in Lebanon and the Russian invasion of Ukraine. This distance to military choices is accompanied by a very high level of concern. The highest level of alarm is aroused by the US and Israeli attack on Iran (89%), followed by the Israeli army's interventions in Gaza (81%) and Lebanon (80%), the Russian invasion of Ukraine (77%) and the US action in Venezuela (61%). Moreover, 96% of Italians consider the international situation more unstable and dangerous than five years ago.

Iran: 90% fear economic effects

US military action in Iran is seen above all as a choice dictated by economic interests (44%), but also as an unjustified act of aggression (27%) and one that risks triggering an even wider conflict in the Middle East (24%). 70% of those interviewed believe that there was still room for diplomacy before the intervention, while the main fears concern the possible involvement of NATO, and therefore of Italia (35%) and the risk of a war dragging on for months or years without a foreseeable outcome (30%).

Concerns about the economic impact of the conflict, expressed by 90% of the respondents, are significant. In particular, more than 1 in 2 (56%) fear that the increase in petrol and utility bills will become unsustainable; 1 in 3 (34%) expect an increase in inflation with a consequent reduction in their purchasing power. Concerning the evolution of the conflict, the future scenario that worries most is that the new regime will be even harsher and more anti-Western than the previous one (34%; 40% for the over 64s) and that the war will end in a deadlock, leaving all tensions intact (26%).

Ukraine: demand for peace grows, but Russia's condemnation remains

In the Russian-Ukrainian conflict, 61% of Italians consider Russia to be an aggressor (34% think it has imperialist designs on all the nations of the former USSR and 2% think it poses a threat to Europe). However, 25% believe that Russia has been pushed into action by NATO's expansion to the East. It is worth noting that, compared to the start of the war, there is a growing inclination towards a negotiated solution: 48% of those interviewed say they are in favour of pushing for peace even at the cost of territorial concessions (23%) and reducing the sending of arms (25%), compared to 43% who maintain a sharper support for Ukraine. Concern about an escalation is also strong: 69% are worried about a possible extension of the conflict to NATO countries: in particular, 15% fear that Europe could be the next theatre of war, while more than 1 in 2 respondents (54%) consider it a worrying and possible scenario.

Gaza and the Middle East: harsh judgements and fears of terrorism

The Israeli intervention in Gaza receives a very clear condemnation: 50% of Italians define it as a "massacre" of the Palestinian civilian population and 33% as a disproportionate military campaign that causes too many civilian victims. The report also shows how in the last two years the opinion of Israel, which remained negative for 22% of those interviewed, has worsened for more than 6 out of 10 interviewees (65%), with 1 in 3 (36%) going so far as to consider it a colonialist state that violates human rights. At the same time, there is a growing fear of direct consequences in Europe: 83% say they are concerned about the risk of the conflict in the Middle East fuelling radicalisation resulting in new terrorist attacks.

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