The consumer confidence indicator in the Euro Area came in at -3.9 in November 2018, unrevised from a preliminary estimate and below October's final figure of -2.7. It was the weakest reading since March 2017 due to a deterioration of all its components, i.e. consumers' unemployment and savings expectations and their views on their future financial situation and the future general economic situation. In the European Union as a whole, the consumer sentiment index was also confirmed at a 20-month low of -3.7 in November. Consumer Confidence in the Euro Area averaged -11.73 Index Points from 1985 until 2018, reaching an all time high of 2 Index Points in May of 2000 and a record low of -34.70 Index Points in March of 2009.

Consumer Confidence in Euro Area is expected to be -3.40 Index 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 -2.60 in 12 months time. In the long-term, the Euro Area Consumer Confidence is projected to trend around -6.60 Index Points in 2020, according to our econometric models.

Euro Area Consumer Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2018-10-23 02:00 PM Consumer Confidence Flash -2.7 -2.9 -3.2 -2.6
2018-10-30 10:00 AM Consumer Confidence Final -2.7 -2.9 -2.7 -2.7
2018-11-22 03:00 PM Consumer Confidence Flash -3.9 -2.7 -3 -2.4
2018-11-29 10:00 AM Consumer Confidence Final -3.9 -2.7 -3.9 -3.9
2018-12-21 03:00 PM Consumer Confidence Flash -3.9 -4.3 -3.4
2019-01-08 10:00 AM Consumer Confidence Final -3.40
2019-01-23 03:00 PM Consumer Confidence Flash


Euro Area Consumer Last Previous Highest Lowest Unit
Consumer Confidence -3.90 -2.70 2.00 -34.70 Index Points [+]
Retail Sales MoM 0.30 -0.50 2.80 -2.00 percent [+]
Retail Sales YoY 1.70 0.30 6.00 -4.60 percent [+]
Consumer Spending 1420.77 1419.35 1420.77 1045.03 EUR Billion [+]
Disposable Personal Income 1758164.00 1742505.00 1758164.00 1074880.00 EUR Million [+]
Personal Savings 12.08 11.95 14.32 11.76 percent [+]
Private Sector Credit 13381018.60 13357626.10 13381018.60 4998832.00 EUR Million [+]
Bank Lending Rate 1.99 2.01 6.52 1.99 percent [+]
Consumer Credit 683519.90 676704.37 683519.90 359891.93 EUR Million [+]
Economic Optimism Index 109.50 109.70 118.30 68.50 [+]
Households Debt To GDP 57.80 58.10 64.10 46.30 percent of GDP [+]
Households Debt To Income 94.00 94.23 98.13 71.02 percent [+]
Consumer Confidence Current Conditions -5.30 -9.20 -2.80 -65.40 [+]
Consumer Confidence Economic Expectations -0.50 -4.10 4.20 -43.70 [+]
Consumer Confidence Financial Expectations -0.70 -0.90 4.90 -13.40 [+]
Consumer Confidence Major Purchases Expectations -17.30 -18.10 -12.00 -28.20 [+]
Consumer Confidence Price Trends 21.10 21.60 50.60 -16.30 Index Points [+]
Consumer Confidence Savings Expectations -3.50 -5.20 1.30 -17.50 [+]
Consumer Confidence Unemployment Expectations 0.60 3.00 68.80 -1.70 [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-3.90 -2.70 2.00 -34.70 1985 - 2018 Index Points Monthly
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Country Last Previous
Argentina 32.10 Nov/18
Australia 104.40 Dec/18
Brazil 113.60 Nov/18
Canada 52.43 Dec/18
China 119.10 Oct/18
Euro Area -3.90 Nov/18
France 92.00 Nov/18
Germany 10.40 Dec/18
India 94.00 Dec/18
Indonesia 122.70 Nov/18
Italy 114.80 Nov/18
Japan 42.90 Nov/18
Mexico 99.55 Nov/18
Netherlands 13.00 Nov/18
Russia -14.00 Sep/18
Saudi Arabia 107.00 Jun/18
South Africa 7.00 Sep/18
South Korea 96.00 Nov/18
Spain 91.40 Nov/18
Switzerland -6.00 Dec/18
Turkey 59.60 Nov/18
United Kingdom -13.00 Nov/18
United States 97.50 Dec/18


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