The consumer confidence indicator in the Euro Area rose by 3.6 points to -23.9 in November of 2022, in line with preliminary estimates. Consumer confidence in the European Union also saw a strong improvement (+2.8) after a milder rebound in October, ending its free fall for more than a year. Consumers were more positive about their household’s financial situation, both over the past twelve months and especially for the next twelve months. They also signaled increased intentions to make major purchases. Similarly, consumers’ expectations about the general economic situation got more upbeat. source: European Commission

Consumer Confidence in Euro Area averaged -10.23 points from 1985 until 2022, reaching an all time high of -1.80 points in December of 1989 and a record low of -28.70 points in September of 2022. 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 December of 2022.

Consumer Confidence in Euro Area is expected to be -24.60 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Consumer Confidence is projected to trend around -6.00 points in 2023 and -4.00 points in 2024, according to our econometric models.

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Euro Area Consumer Confidence



Calendar GMT Actual Previous Consensus TEForecast
2022-11-22 03:00 PM Consumer Confidence Flash Nov -23.9 -27.5 -26 -26.8
2022-11-29 10:00 AM Consumer Confidence Final Nov -23.9 -27.5 -23.9 -23.9
2022-12-20 03:00 PM Consumer Confidence Flash Dec -23.9 -24.6


Related Last Previous Unit Reference
Consumer Confidence -23.90 -27.50 points Nov 2022
Economic Optimism Index 93.70 92.70 points Nov 2022
Consumer Confidence Price Trends 30.10 37.30 points Nov 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
-23.90 -27.50 -1.80 -28.70 1985 - 2022 points Monthly
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News Stream
Euro Area Consumer Sentiment Improves
The consumer confidence indicator in the Euro Area rose by 3.6 points to -23.9 in November of 2022, in line with preliminary estimates. Consumer confidence in the European Union also saw a strong improvement (+2.8) after a milder rebound in October, ending its free fall for more than a year. Consumers were more positive about their household’s financial situation, both over the past twelve months and especially for the next twelve months. They also signaled increased intentions to make major purchases. Similarly, consumers’ expectations about the general economic situation got more upbeat.
2022-11-29
Eurozone Consumer Morale Rebouds Slightly
The consumer confidence indicator in the Euro Area rose by 3.6 points to -23.9 in November of 2022, beating market expectations of -26, preliminary estimates showed. Consumer confidence in October was revised up to -27.5 from -27.6 previously reported. Still, consumer confidence remains at a very low level, well below its long-term average. In the European Union as a whole, consumer sentiment rose by 2.8 points to -25.8.
2022-11-22
Euro Area Consumer Morale Recovery Confirmed
The consumer confidence indicator in the Euro Area edged up by 1.2 points to -27.6 in October of 2022 from September’s record low of -28.8, in line with preliminary estimates. Consumer confidence in the European Union also rose (+0.7 points) from its record low of September. Consumers were more optimistic about their outlook on their household’s future financial situation and the general economic situation, while assessments of their household’s past financial situation deteriorated slightly and intentions to make major purchases remained broadly stable.
2022-10-28