The consumer confidence indicator in the Euro Area edged up by 0.9 points from the previous month to -21.1 in May of 2022, beating market expectations of -21.5 as sentiment continues to recover from March’s 22-month low, a preliminary estimate showed. Still, morale remained far below its long-term average. In the European Union as a whole, consumer sentiment decreased by 0.4 points to -22.2. source: European Commission
Consumer Confidence in the Euro Area averaged -10.03 points from 1985 until 2022, reaching an all time high of -1.40 points in May of 2000 and a record low of -24.50 points in April of 2020. 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 May of 2022.
Consumer Confidence in Euro Area is expected to be -21.90 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Consumer Confidence is projected to trend around -6.00 points in 2023 and -4.00 points in 2024, according to our econometric models.