The consumer confidence indicator in the Euro Area rose by 2.7 points from a month earlier to -8.1 in April 2021, the highest level since February 2020 and above market expectations of -10.8, a flash estimate showed. Sentiment has been recently supported by the gradual reopening of the economy and the acceleration in the COVID vaccination pace. Considering the European Union as a whole, consumer sentiment increased by 3.1 points to -9.0. Both indicators rose above their long-term averages of -11.1 (Euro Area) and -10.6 (EU). source: European Commission
Consumer Confidence in the Euro Area averaged -10.03 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 April of 2021.
Consumer Confidence in Euro Area is expected to be -16.00 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 -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.