Consumer Spending in European Union decreased to 1662 EUR Billion in the fourth quarter of 2020 from 1710.87 EUR Billion in the third quarter of 2020. source: EUROSTAT

Consumer Spending in European Union averaged 1540.16 EUR Billion from 1995 until 2020, reaching an all time high of 1790.71 EUR Billion in the fourth quarter of 2019 and a record low of 1221.82 EUR Billion in the first quarter of 1995. This page provides - European Union Consumer Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news. European Union Consumer Spending - values, historical data and charts - was last updated on April of 2021.

Consumer Spending in European Union is expected to be 1638.00 EUR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in European Union to stand at 1743.00 in 12 months time. In the long-term, the European Union Consumer Spending is projected to trend around 1792.00 EUR Billion in 2022 and 1832.00 EUR Billion in 2023, according to our econometric models.

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European Union Consumer Spending

Actual Previous Highest Lowest Dates Unit Frequency
1662.00 1710.87 1790.71 1221.82 1995 - 2020 EUR Billion Quarterly
Constant Prices 2015, SA

European Union Consumer Last Previous Highest Lowest Unit
Consumer Spending 1662.00 1710.87 1790.71 1221.82 EUR Billion [+]
Personal Savings 16.11 23.37 23.37 11.13 percent [+]
Retail Sales Mom 2.90 -4.60 18.00 -11.20 percent [+]
Retail Sales Yoy -2.20 -4.50 4.80 -17.60 percent [+]
Economic Optimism Index 100.00 93.10 117.70 63.80 [+]
Consumer Confidence -12.10 -15.70 -1.40 -22.70 points [+]
Consumer Confidence Current Conditions -8.50 -10.40 -4.80 -65.90 [+]
Consumer Confidence Economic Expectations -5.00 -6.90 1.40 -39.80 [+]
Consumer Confidence Financial Expectations 0.20 0.50 5.40 -12.60 [+]
Consumer Confidence Major Purchases Expectations -14.60 -15.00 -9.90 -27.20 [+]
Consumer Confidence Price Trends 18.30 18.00 48.80 -11.50 [+]
Consumer Confidence Savings Expectations -0.40 -1.50 2.20 -16.60 [+]
Consumer Confidence Unemployment Expectations 3.50 5.20 67.10 0.80 [+]