The consumer confidence indicator in the European Union fell by 3.5 points to -29.9 in September of 2022, the lowest reading since the series began in 1985. All its components, i.e. households’ assessments of their past financial situation, their outlook on their future financial situation, their intentions to make major purchases and their expectations about the general economic situation contributed to the steep decline. source: European Commission
Consumer Confidence in European Union averaged -9.91 points from 1985 until 2022, reaching an all time high of -1.90 points in March of 2000 and a record low of -29.90 points in September of 2022. This page provides the latest reported value for - European Union Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. European Union Consumer Confidence - values, historical data and charts - was last updated on October of 2022.
Consumer Confidence in European Union is expected to be -29.90 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the European Union Consumer Confidence is projected to trend around -6.00 points in 2023 and -4.00 points in 2024, according to our econometric models.