The consumer confidence in the Euro Area was confirmed at -18.8 in May 2020, above the previous month’s 11-year low of -22. Households' expectations in respect of their financial conditions, their intentions to make major purchases and the general economic situation improved. Meanwhile, the appraisals of the past financial conditions, which had remained broadly stable in March and April, deteriorated to an unprecedented extent and thus muted the overall increase in consumer confidence. In the European Union as a whole, consumer sentiment rose to -19.5 from -22 in April.

Consumer Confidence in the Euro Area averaged -10.03 points from 1985 until 2020, reaching an all time high of -1.50 points in May of 2000 and a record low of -23.90 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 June of 2020. source: European Commission

Consumer Confidence in Euro Area is expected to be -18.00 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 -14.00 in 12 months time. In the long-term, the Euro Area Consumer Confidence is projected to trend around -12.00 points in 2021 and -8.00 points in 2022, according to our econometric models.

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Euro Area Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-18.80 -22.00 -1.50 -23.90 1985 - 2020 points Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-04-22 02:00 PM Consumer Confidence Flash Apr -22.7 -11.6 -19.6 -23
2020-04-29 09:00 AM Consumer Confidence Final Apr -22.7 -11.6 -22.7 -22.7
2020-05-20 02:00 PM Consumer Confidence Flash May -18.8 -22.0 -24 -26
2020-05-28 09:00 AM Consumer Confidence Final May -18.8 -22 -18.8 -18.8
2020-06-22 02:00 PM Consumer Confidence Flash Jun -18.8 -18
2020-06-29 09:00 AM Consumer Confidence Final Jun -18.8 -18
2020-07-23 02:00 PM Consumer Confidence Flash Jul
2020-07-30 09:00 AM Consumer Confidence Final Jul


News Stream
Eurozone Consumer Morale Unrevised in May
The consumer confidence in the Euro Area was confirmed at -18.8 in May 2020, above the previous month’s 11-year low of -22. Households' expectations in respect of their financial conditions, their intentions to make major purchases and the general economic situation improved. Meanwhile, the appraisals of the past financial conditions, which had remained broadly stable in March and April, deteriorated to an unprecedented extent and thus muted the overall increase in consumer confidence. In the European Union as a whole, consumer sentiment rose to -19.5 from -22 in April.
2020-05-28
Eurozone Consumer Morale Stronger than Forecast
The consumer confidence in the Euro Area rose by 3.2 points to -18.8 in May 2020, recovering from the previous month's 11-year low and above market expectations of -24.0, a flash estimate showed. In the European Union as a whole, consumer sentiment rose by 2.5 points to -19.5.
2020-05-20
Eurozone Consumer Morale Confirmed at 11-Year Low
The consumer confidence indicator in the Euro Area was confirmed at -22.7 in April 2020, the lowest since March 2009, due to households’ tumbling expectations concerning the general economic situation and their own financial situation. Intentions to make major purchases deteriorated markedly, too. By contrast, households’ assessment of their past financial situations merely edged down. The Euroopean Commission said that no data could be collected in Italy this month due to the coronavirus crisis.
2020-04-29
Eurozone Consumer Morale Plunges to 11-Year Low
The consumer confidence indicator in the Euro Area tumbled 11.1 points from a month earlier to -22.7 in April 2020, the lowest since March 2009 and below market expectations of -19.6, a flash estimate showed. In the European Union as a whole, consumer sentiment fell by 11.6 points to -22.0. The European Commission said that no data could be collected in Italy this month due to the coronavirus crisis.
2020-04-22

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.