The consumer confidence indicator for the Euro Area was confirmed at -6.2 in December 2018, the weakest reading since February 2017, due to a deterioration of all its components, i.e. consumers' unemployment and savings expectations and their views on their future financial situation and the future general economic situation. In the European Union as a whole, the consumer sentiment index declined to -6 in December, the lowest since October 2016. Consumer Confidence in the Euro Area averaged -11.72 Index Points from 1985 until 2018, reaching an all time high of 2 Index Points in May of 2000 and a record low of -34.70 Index Points in March of 2009.

Consumer Confidence in Euro Area is expected to be -10.80 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 -4.20 in 12 months time. In the long-term, the Euro Area Consumer Confidence is projected to trend around -6.60 Index Points in 2020, according to our econometric models.

Euro Area Consumer Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2018-11-22 03:00 PM Consumer Confidence Flash -3.9 -2.7 -3 -2.4
2018-11-29 10:00 AM Consumer Confidence Final -3.9 -2.7 -3.9 -3.9
2018-12-21 03:00 PM Consumer Confidence Flash -6.2 -3.9 -4.3 -3.4
2019-01-08 10:00 AM Consumer Confidence Final -6.2 -3.9 -6.2 -6.2
2019-01-23 03:00 PM Consumer Confidence Flash -6.2 -4.3 -4.7
2019-01-30 10:00 AM Consumer Confidence Final -6.2
2019-02-20 03:00 PM Consumer Confidence Flash


Euro Area Consumer Last Previous Highest Lowest Unit
Consumer Confidence -6.20 -3.90 2.00 -34.70 Index Points [+]
Retail Sales MoM 0.60 0.60 2.80 -2.10 percent [+]
Retail Sales YoY 1.10 2.30 6.00 -4.60 percent [+]
Consumer Spending 1420.77 1419.35 1420.77 1045.03 EUR Billion [+]
Disposable Personal Income 1758164.00 1742505.00 1758164.00 1074880.00 EUR Million [+]
Personal Savings 12.30 12.08 14.32 11.76 percent [+]
Private Sector Credit 13426917.40 13375051.60 13426917.40 4998832.00 EUR Million [+]
Bank Lending Rate 2.02 1.99 6.52 1.99 percent [+]
Consumer Credit 685301.74 683588.90 685301.74 359891.93 EUR Million [+]
Economic Optimism Index 107.30 109.50 118.30 68.50 [+]
Households Debt To GDP 57.70 57.80 64.10 46.30 percent of GDP [+]
Households Debt To Income 94.00 94.23 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 18.60 21.10 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 January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-6.20 -3.90 2.00 -34.70 1985 - 2018 Index Points Monthly
SA




Country Last Previous
Argentina 36.00 Dec/18
Australia 99.60 Jan/19
Brazil 114.30 Dec/18
Canada 54.17 Jan/19
China 122.10 Nov/18
Euro Area -6.20 Dec/18
France 87.00 Dec/18
Germany 10.40 Jan/19
India 94.00 Dec/18
Indonesia 127.00 Dec/18
Italy 113.10 Dec/18
Japan 42.70 Dec/18
Mexico 105.65 Dec/18
Netherlands 9.00 Dec/18
Russia -14.00 Sep/18
Saudi Arabia 106.00 Sep/18
South Africa 7.00 Sep/18
South Korea 97.20 Dec/18
Spain 90.90 Dec/18
Switzerland -6.00 Dec/18
Turkey 58.20 Dec/18
United Kingdom -14.00 Dec/18
United States 98.30 Dec/18


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