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.

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Euro Area Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-8.10 -10.80 -1.40 -23.60 1985 - 2021 points Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2021-02-25 10:00 AM Consumer Confidence Final Feb -14.8 -15.5 -14.8 -14.8
2021-03-24 03:00 PM Consumer Confidence Flash Mar -10.8 -14.8 -14.5 -14
2021-03-30 09:00 AM Consumer Confidence Final Mar -10.8 -14.8 -10.8 -10.8
2021-04-22 02:00 PM Consumer Confidence Flash Apr -8.1 -10.8 -10.8 -12
2021-04-29 09:00 AM Consumer Confidence Final Apr -10.8 -8.1 -8.1
2021-05-21 02:00 PM Consumer Confidence Flash May
2021-05-28 09:00 AM Consumer Confidence Final May
2021-06-22 02:00 PM Consumer Confidence Flash Jun


News Stream
Eurozone Consumer Morale Improves to 14-Month High
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).
2021-04-22
Eurozone Consumer Confidence Confirmed at Over 1-Year High
The consumer confidence indicator in the Euro Area was confirmed at -10.8 in March 2021, the highest level since February 2020, as households’ expectations improved both in respect of the general economic situation in their country, and their personal situation, as measured by their future financial situation and their intentions to make major purchases. Consumers’ views on their past financial situation, by contrast, showed no signs of a recovery from their COVID-induced slide, improving only marginally on the month.
2021-03-30
Eurozone Consumer Morale at Pre-Pandemic Levels
The consumer confidence indicator in the Euro Area rose by 4 points to -10.8 in March of 2021, from the previous month's figure of -14.8 and well above market expectations of -14.5. It was the highest reading since February 2020 before the Covid-19 shutdown. Considering the European Union as a whole, consumer sentiment increased by 3.6 points to -12.1. Both indicators are approaching their long-term average of -11.1 (Euro Area) and -10.6 (EU).
2021-03-24
Eurozone Consumer Confidence Improvement Confirmed
The consumer confidence indicator in the Euro Area was confirmed at -14.8 in February 2021, up from -15.5 in the previous month, due to an improvement in households’ assessments of their future financial conditions, their intentions to make major purchases and, especially, their expectations about the general economic situation. Consumers’ assessment of their past financial situation remained virtually unchanged. Considering the European Union as a whole, consumer sentiment increased by 0.8 points to -15.7.
2021-02-25

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.