Consumer Credit In the Euro Area increased to 700217.16 EUR Million in May from 694574.20 EUR Million in April of 2019. Consumer Credit in the Euro Area averaged 559615.08 EUR Million from 1997 until 2019, reaching an all time high of 700217.16 EUR Million in May of 2019 and a record low of 359891.93 EUR Million in September of 1997.
Consumer Credit in Euro Area is expected to be 679500.87 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Credit in Euro Area to stand at 699934.00 in 12 months time. In the long-term, the Euro Area Consumer Credit is projected to trend around 715935.02 EUR Million in 2020, according to our econometric models.