The consumer confidence in the Euro Area was confirmed at -14.7 in August 2020, little-changed from the previous two months, amid a resurgence in coronavirus infections across the region. Households' intentions to make major purchases and expectations concerning their financial conditions were broadly stable. By contrast, their assessment of the future general economic situation and of their financial conditions over the last 12 months improved slightly.

Consumer Confidence in the Euro Area averaged -10.06 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 September of 2020. source: European Commission

Consumer Confidence in Euro Area is expected to be -18.40 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 -10.00 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
-14.70 -15.00 -1.50 -23.90 1985 - 2020 points Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-07-23 02:00 PM Consumer Confidence Flash Jul -15 -14.7 -12 -12
2020-07-30 09:00 AM Consumer Confidence Final Jul -15 -14.7 -15 -15
2020-08-21 02:00 PM Consumer Confidence Flash Aug -14.7 -15 -15 -14
2020-08-28 09:00 AM Consumer Confidence Final Aug -14.7 -15 -14.7 -14.7
2020-09-22 02:00 PM Consumer Confidence Flash Sep -14.7 -14.7 -15.4
2020-09-29 09:00 AM Consumer Confidence Final Sep -14.7 -15.4
2020-10-22 02:00 PM Consumer Confidence Flash Oct
2020-10-29 10:00 AM Consumer Confidence Final Oct


News Stream
Eurozone Consumer Morale Remains Weak
The consumer confidence in the Euro Area was confirmed at -14.7 in August 2020, little-changed from the previous two months, amid a resurgence in coronavirus infections across the region. Households' intentions to make major purchases and expectations concerning their financial conditions were broadly stable. By contrast, their assessment of the future general economic situation and of their financial conditions over the last 12 months improved slightly.
2020-08-28
Euro Area Consumer Morale Broadly Stable in August
The consumer confidence in the Euro Area rose by 0.3 points to -14.7 in August 2020 from -15 in the previous month and compared with market expectations of -15, a flash estimate showed. In the European Union as a whole, consumer sentiment went up by 0.1 points to -15.5. Stil, both indicators remain well below their long-term averages of -11.1 (Euro Area) and -10.5 (European Union).
2020-08-21
Eurozone Consumer Morale Deteriorates Unexpectedly
The consumer confidence in the Euro Area fell by 0.3 points to -15.0 in July 2020 from -14.7 in the previous month and compared with market expectations of -12, a flash estimate showed. In the European Union as a whole, consumer sentiment was unchanged at -15.6. Both indicators remain well below their long-term averages of -11.1 (Euro Area) and -10.5 (EU).
2020-07-23
Eurozone Consumer Confidence Improvement Confirmed in June
The consumer confidence indicator in the Euro Area was confirmed at -14.7 in June 2020, compared with May's -18.8, on the back of households’ much improved expectations in respect of their financial situation, their intentions to make major purchases and, particularly, the general economic situation. Same as in May, households’ assessments of their past financial situation deteriorated, but on a much smaller scale.
2020-06-29

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.