The consumer confidence indicator in the Euro Area was confirmed at -10.8 in March 2021, the highest level since February 2020, as households’ expectations improved both in respect of the general economic situation in their country, and their personal situation, as measured by their future financial situation and their intentions to make major purchases. Consumers’ views on their past financial situation, by contrast, showed no signs of a recovery from their COVID-induced slide, improving only marginally on the month. source: European Commission
Consumer Confidence in the Euro Area averaged -10.04 points from 1985 until 2021, reaching an all time high of -1.40 points in May of 2000 and a record low of -23.60 points in March of 2009. 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 - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.
Consumer Confidence in Euro Area is expected to be -10.80 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 -12.00 in 12 months time. In the long-term, the Euro Area Consumer Confidence is projected to trend around -8.00 points in 2022 and -3.00 points in 2023, according to our econometric models.