The consumer confidence indicator in the Euro Area was confirmed at -3.3 in June 2021, up for a fifth time in a row to the highest level since January 2018, supported by the reopening of the economy and the acceleration in the COVID vaccination pace. There was an improvement in all its components, such as views on household’s past and future financial situation, expectations of the general economic situation, and intentions to make major purchases. source: European Commission
Consumer Confidence in the Euro Area averaged -10.01 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 July of 2021.
Consumer Confidence in Euro Area is expected to be -3.30 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 -7.00 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.