The consumer confidence indicator for the Euro Area rose by 0.8 points to -6.5 in May 2019, the highest reading since last October and above market expectations of -7.7, a preliminary estimate showed. Considering the European Union as a whole, consumer sentiment increased by 1.1 points to -6.2. Both indicators are well above their respective long-term averages of -10.7 (euro area) and -10.0 (EU). Consumer Confidence in the Euro Area averaged -10.62 Index Points from 1985 until 2019, reaching an all time high of -1.90 Index Points in May of 2000 and a record low of -24.40 Index Points in March of 2009.

Consumer Confidence in Euro Area is expected to be -7.60 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Euro Area to stand at -7.80 in 12 months time. In the long-term, the Euro Area Consumer Confidence is projected to trend around -3.60 Index Points in 2020, according to our econometric models.

Euro Area Consumer Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2019-03-28 10:00 AM Consumer Confidence Final -7.2 -7.4 -7.2 -7.2
2019-04-23 02:00 PM Consumer Confidence Flash -7.9 -7.2 -7.2 -7.7
2019-04-29 09:00 AM Consumer Confidence Final -7.9 -7.2 -7.9 -7.9
2019-05-21 02:00 PM Consumer Confidence Flash -6.5 -7.3 -7.7 -8.6
2019-05-28 09:00 AM Consumer Confidence Final -7.3 -6.5 -6.5
2019-06-20 02:00 PM Consumer Confidence Flash -7.6
2019-06-27 09:00 AM Consumer Confidence Final


Euro Area Consumer Last Previous Highest Lowest Unit
Consumer Confidence -6.50 -7.30 -1.90 -24.40 Index Points [+]
Retail Sales MoM 0.00 0.50 2.80 -2.10 percent [+]
Retail Sales YoY 1.90 3.00 6.00 -4.60 percent [+]
Consumer Spending 1424.12 1420.70 1424.12 1045.01 EUR Billion [+]
Disposable Personal Income 1787679.00 1769770.00 1787679.00 1068215.00 EUR Million [+]
Personal Savings 12.33 12.30 14.32 11.76 percent [+]
Private Sector Credit 13520393.70 13471492.40 13520393.70 4998832.00 EUR Million [+]
Bank Lending Rate 1.99 1.99 6.52 1.97 percent [+]
Consumer Credit 690270.39 685288.42 690270.39 359891.93 EUR Million [+]
Economic Optimism Index 104.00 105.60 118.10 68.30 [+]
Households Debt To GDP 57.60 57.70 64.10 46.30 percent of GDP [+]
Households Debt To Income 93.49 94.00 98.13 71.02 percent [+]
Consumer Confidence Current Conditions -5.30 -9.20 -2.80 -65.40 [+]
Consumer Confidence Economic Expectations -0.50 -4.10 4.20 -43.70 [+]
Consumer Confidence Financial Expectations -0.70 -0.90 4.90 -13.40 [+]
Consumer Confidence Major Purchases Expectations -17.30 -18.10 -12.00 -28.20 [+]
Consumer Confidence Price Trends 15.70 17.00 50.60 -16.30 Index Points [+]
Consumer Confidence Savings Expectations -3.50 -5.20 1.30 -17.50 [+]
Consumer Confidence Unemployment Expectations 0.60 3.00 68.80 -1.70 [+]


Euro Area Consumer Confidence

In Euro Area, the Consumer Economic Sentiment Indicator measures the level of optimism that consumers have about the economy. The survey is made by phone and covers 23 000 households in the Euro Area. The number of households sample varies across the zone. The questions focus on current economic and financial situation, savings intention as well as on expected developments regarding: consumer price indexes, general economic situation and major purchases of durable goods. The Consumer ESI measures consumer confidence on a scale of -100 to 100, where -100 indicate extreme lack of confidence, 0 neutrality and 100 extreme confidence. This page provides the latest reported value for - Euro Area Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Consumer Confidence - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-6.50 -7.30 -1.90 -24.40 1985 - 2019 Index Points Monthly
SA




Country Last Previous
Argentina 34.40 Apr/19
Australia 101.30 May/19
Brazil 48.40 Mar/19
Canada 53.71 May/19
China 124.10 Mar/19
Euro Area -6.50 May/19
France 96.00 Apr/19
Germany 10.40 May/19
India 105.00 Jun/19
Indonesia 128.10 Apr/19
Italy 110.50 Apr/19
Japan 40.40 Apr/19
Mexico 113.70 Apr/19
Netherlands -3.00 May/19
Russia -16.00 Mar/19
Saudi Arabia 109.00 Dec/18
South Africa 2.00 Mar/19
South Korea 102.00 Apr/19
Spain 97.00 Apr/19
Switzerland -6.00 Jun/19
Turkey 55.30 May/19
United Kingdom -13.00 Apr/19
United States 102.40 May/19


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