European Union Consumer Confidence Index

Country:
European Union
EUR, Euro
Sector:
Consumer
Low -14.9 -14.9
-14.9
Last release Importance Actual Forecast
Previous
-13.6
-14.9
Next release Actual Forecast
Previous
  • Overview
  • Chart
  • History
  • Widget

The Consumer Confidence Indicator displays the level of consumer confidence in the euro area's economic activity. The index is calculated monthly based on a survey of about 24 thousand households of the eurozone. The number of participating households per country is selected in accordance with the contribution of a particular country to the economy of the euro area.

Consumers are asked to provide a one year forward outlook for economic conditions in the country and in their households. The index is calculated as the arithmetic mean of summary balances of survey answers to the following questions:

  • How do you expect the financial position of your household to change over the next 12 months? (Get better, Get a little better, Stay the same, Get a little worse, Get a lot worse, Don't know).
  • How do you expect the general economic situation in this country to develop over the next 12 months? (Get better, Get a little better, Stay the same, Get a little worse, Get a lot worse, Don't know).
  • How do you expect the number of people unemployed in this country will change over the next 12 months? (Increase sharply, Increase slightly, Remain the same, Fall slightly, Fall sharply, Don't know).
  • Over the next 12 months, how likely will you be to save any money? (Very likely, Fairly likely, Not likely, Not at all likely, Don't know).

Thus, the consumer confidence index reflects the expectations of households about how the economy in their will develop in the coming year. The survey results are harmonized and compiled to a single index for the eurozone.

This indicator reflects the consumer mood, which is based on the current economic situation. Analysts see it as a leading indicator of consumer activity. Index growth that consumers are in a favorable mood, feel confident, and therefore tend to spend money, which has a favorable effect on the economy of the eurozone.

The index growth can be seen as positive for the euro quotes.

Last values:

actual data

forecast

The chart of the entire available history of the "European Union Consumer Confidence Index" macroeconomic indicator. The dashed line shows the forecast values ​​of the economic indicator for the specified dates.

A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values ​​of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.

Date (GMT)
Reference
Actual
Forecast
Previous
Mar 2024
-14.9
-14.9
-14.9
Mar 2024 prelim.
-14.9
-14.6
-15.5
Feb 2024
-15.5
-15.5
-15.5
Feb 2024 prelim.
-15.5
-17.2
-16.1
Jan 2024
-16.1
-16.1
-16.1
Jan 2024 prelim.
-16.1
-14.1
-15.0
Dec 2023
-15.0
-15.1
-15.1
Dec 2023 prelim.
-15.1
-17.0
-16.9
Nov 2023
-16.9
-16.9
-16.9
Nov 2023 prelim.
-16.9
-18.0
-17.8
Oct 2023
-17.9
-17.9
-17.9
Oct 2023 prelim.
-17.9
-18.4
-17.8
Sep 2023
-17.8
-17.8
-17.8
Sep 2023 prelim.
-17.8
-15.7
-16.0
Aug 2023
-16.0
-16.0
-16.0
Aug 2023 prelim.
-16.0
-14.3
-15.1
Jul 2023
-15.1
-15.1
-15.1
Jul 2023 prelim.
-15.1
-15.6
-16.1
Jun 2023
-16.1
-16.1
-16.1
Jun 2023 prelim.
-16.1
-16.4
-17.4
May 2023
-17.4
-17.4
-17.4
May 2023 prelim.
-17.4
-17.6
-17.5
Apr 2023
-17.5
-17.5
-17.5
Apr 2023 prelim.
-17.5
-19.3
-19.1
Mar 2023
-19.2
-19.2
-19.2
Mar 2023 prelim.
-19.2
-19.1
-19.0
Feb 2023
-19.0
-19.0
-19.0
Feb 2023 prelim.
-19.0
-21.1
-20.7
Jan 2023
-20.9
-20.9
-20.9
Jan 2023 prelim.
-20.9
-22.5
-20.9
Dec 2022
-22.2
-22.2
-22.2
Dec 2022 prelim.
-22.2
-24.3
-22.2
Nov 2022
-23.9
-23.9
-23.9
Nov 2022 prelim.
-23.9
-28.3
-27.5
Oct 2022
-27.6
-27.6
-27.6
Oct 2022 prelim.
-27.6
-29.6
-28.8
Sep 2022
-28.8
-28.8
-28.8
Sep 2022 prelim.
-28.8
-25.5
-24.9
Aug 2022
-24.9
-24.9
-24.9
Aug 2022 prelim.
-24.9
-27.8
-27.0
Jul 2022
-27.0
-27.0
-27.0
Jul 2022 prelim.
-27.0
-24.1
-23.8
Jun 2022
-23.6
-23.6
-23.6
Jun 2022 prelim.
-23.6
-21.4
-21.2
May 2022
-21.1
-21.1
-21.1
May 2022 prelim.
-21.1
-19.8
-22.0
Apr 2022
-22.0
-16.9
-16.9
Apr 2022 prelim.
-16.9
-18.9
-18.7
Mar 2022
-18.7
-18.7
-18.7
Mar 2022 prelim.
-18.7
-8.7
-8.8

Economic calendar widget for your website

Create your own calendar of economic events. To do this, simply specify its size and display period. You can freely use this widget on your websites. In return, we ask you to keep the provided code unchanged.

The Calendar data are provided as is. The economic news release frequency and schedule, as well as the economic parameters' values may change without our knowledge. You can use the provided information, but you accept all the risks associated with making trade decisions based on the Calendar data.

Use official plugin for WordPress websites

Use official plugin for WordPress websites

Download
Widget type
Language
Color theme
Date format
Size
×
Display information
Default calendar period
Your embed code