Euro Area consumer confidence edged up to -19 in May 2026 from an over three-year low of -20.6 in April and came in better than market forecasts of -20.8, according to flash estimates. However, it remains firmly in negative territory, with price pressures from the Middle East war fueling inflation concerns and putting rate hikes on the horizon. In the broader European Union, consumer sentiment also improved to -18.2 from -19.4 the month before. Both indices remain well below their long-term averages and below levels seen before the outbreak of the Middle East conflict. source: European Commission

Consumer Confidence In the Euro Area increased to -19 points in May from -20.60 points in April of 2026. Consumer Confidence in Euro Area averaged -9.44 points from 1985 until 2026, reaching an all time high of -0.40 points in January of 2000 and a record low of -27.50 points in September of 2022. 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 2026.

Consumer Confidence In the Euro Area increased to -19 points in May from -20.60 points in April of 2026. Consumer Confidence in Euro Area is expected to be -17.00 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 -16.00 points in 2027 and -14.00 points in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-04-29 09:00 AM
Consumer Confidence Final
Apr -20.6 -16.3 -20.6 -20.6
2026-05-21 02:00 PM
Consumer Confidence Flash
May -19 -20.6 -20.8 -22
2026-05-28 09:00 AM
Consumer Confidence Final
May -20.6 -19 -19



Components Last Previous Unit Reference
Consumer Inflation Expectations 49.10 43.50 points Apr 2026

Related Last Previous Unit Reference
Business Confidence -0.28 -0.27 points Apr 2026
Consumer Confidence -19.00 -20.60 points May 2026
Economic Sentiment 93.00 96.20 points Apr 2026
Industrial Sentiment -7.70 -7.00 points Apr 2026
Retail Sales MoM -0.10 -0.30 percent Mar 2026
Retail Sales YoY 1.20 1.30 percent Mar 2026
Services Sentiment 0.90 4.10 points Apr 2026


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.
Actual Previous Highest Lowest Dates Unit Frequency
-19.00 -20.60 -0.40 -27.50 1985 - 2026 points Monthly
SA

News Stream
Eurozone Consumer Confidence Better than Anticipated
Euro Area consumer confidence edged up to -19 in May 2026 from an over three-year low of -20.6 in April and came in better than market forecasts of -20.8, according to flash estimates. However, it remains firmly in negative territory, with price pressures from the Middle East war fueling inflation concerns and putting rate hikes on the horizon. In the broader European Union, consumer sentiment also improved to -18.2 from -19.4 the month before. Both indices remain well below their long-term averages and below levels seen before the outbreak of the Middle East conflict.
2026-05-21
Eurozone Consumer Confidence at Over 3-Year Low
Euro Area consumer confidence was confirmed at -20.6 in April 2026, the lowest since December 2022, compared to -16.4 in the prior month, according to flash estimates. In the broader European Union, consumer sentiment plunged to -19.4 from -15.4 in March, driven by broad-based weakness across all components, amid heightened global economic uncertainty linked to the ongoing geopolitical tensions. Energy supply disruptions arising from the Middle East conflict are stoking inflationary pressures, which may prompt higher interest rates and place further strain on households. Survey respondents reported worsening finances, softer spending plans, and a pronounced deterioration in economic expectations. Confidence in both the eurozone and the EU remains well below their long-term averages.
2026-04-29
Eurozone Consumer Confidence Drops to Over 3-Year Low
Euro Area consumer confidence slipped by 4.3 points from a month earlier to -20.6 in April 2026, the lowest since December 2022, according to flash estimates. This reflects growing caution among households amid an uncertain economic outlook. Persistent geopolitical tensions and shipping disruptions are contributing to higher energy prices and inflationary pressures, which may squeeze household purchasing power. Expectations for ECB rate hikes have edged lower recently, though markets still price in two increases this year. In the broader European Union, consumer sentiment also plummeted 4.2 points to -19.4. Confidence in both the eurozone and the EU remains well below their long-term averages.
2026-04-22