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.

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Euro Area Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-3.30 -5.10 -1.40 -23.60 1985 - 2021 points Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2021-05-21 02:00 PM Consumer Confidence Flash May -5.1 -8.1 -6.8 -7
2021-05-28 09:00 AM Consumer Confidence Final May -5.1 -8.1 -5.1 -5.1
2021-06-22 02:00 PM Consumer Confidence Flash Jun -3.3 -5.1 -3 -3
2021-06-29 09:00 AM Consumer Confidence Final Jun -3.3 -5.1 -3.3 -3.3
2021-07-22 02:00 PM Consumer Confidence Flash Jul -3.3 -2.5 -2.6
2021-07-29 09:00 AM Consumer Confidence Final Jul -3.3
2021-08-23 02:00 PM Consumer Confidence Flash Aug
2021-08-30 09:00 AM Consumer Confidence Final Aug


News Stream
Eurozone Consumer Morale Confirmed at 3-1/2-Year High
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.
2021-06-29
Eurozone Consumer Morale at 3-1/2-Year High
The consumer confidence indicator in the Euro Area rose by 1.8 points from a month earlier to -3.3 in June 2021, the highest level since January 2018 and slightly above market expectations of -3.0, a flash estimate showed. Sentiment has been recently supported by the reopening of the economy and the acceleration of COVID vaccinations. Considering the European Union as a whole, consumer sentiment increased by 1.5 points to -4.5, the highest since October 2018.
2021-06-22
Eurozone Consumer Morale Confirmed at 2-1/2-Year High
The consumer confidence indicator in the Euro Area was confirmed at -5.1 in May 2021, up for the fourth month in a row to the highest level since October 2018 supported by the gradual reopening of the economy and the acceleration in the COVID vaccination pace. There was an improvement in all its four components, i.e. views on their household’s past and future financial situation, their expectations of the general economic situation in their country, and their intentions to make major purchases.
2021-05-28
Eurozone Consumer Morale Improves to 2-1/2-Year High
The consumer confidence indicator in the Euro Area rose by 3.0 points from a month earlier to -5.1 in May 2021, the highest level since October 2018 and above market expectations of -6.8, a flash estimate showed. Sentiment has been recently supported by the reopening of the economy and the acceleration of COVID vaccinations. Considering the European Union as a whole, consumer sentiment increased by 3.0 points to -6.0.
2021-05-21

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.