The consumer confidence indicator in the Euro Area fell to -23.6 in June of 2022, the lowest since April of 2020, and in line with preliminary estimates. Households’ outlook on their future financial situation hit a record low and their assessment of their past financial situation dropped to a 9-year low. At the same time, their intentions to make major purchases and their expectations about the general economic situation fell to levels unseen since the recovery of the COVID crisis. source: European Commission
Consumer Confidence in the Euro Area averaged -10.06 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 June of 2022.
Consumer Confidence in Euro Area is expected to be -23.60 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.