The Italian Survey of Consumer Expectations: Statistical Bulletin

This bulletin introduces the Italian Survey of Consumer Expectations (ISCE), a novel high-frequency survey designed to collect detailed information on the economic conditions,expectations, and behaviors of a representative sample of Italian residents aged 18–75.Conducted quarterly from October 2023 to April 2026, the ISCE provides rich micro-level data on demographics, income, wealth, consumption, and forward-looking expectations across a wide range of economic domains. The survey combines a stable core questionnaire with rotating special modules and experimental components, allowing researchers to analyze both structural trends and causal effects of information and policy interventions. The sampling design ensures representativeness through stratification and weighting based on official statistics, while panel replenishment maintains sample size and mitigates attrition. A distinctive feature of the ISCE is the elicitation of subjective probability distributions for key economic variables, enabling the study of expectations heterogeneity and uncertainty. The survey also integrates georeferenced environmental risk data to explore the relationship between objective risks and subjective perceptions. By documenting the survey design, methodology, and main variables, this statistical bulletin establishes the ISCE as a valuable infrastructure for policy analysis, behavioral research, and the study of expectations formation in Italy. The Appendix reports the combined questionnaire for the entire data set.