Consumer Spending in European Union increased to 2022368.50 EUR Million in the second quarter of 2019 from 2016199 EUR Million in the first quarter of 2019. Consumer Spending in European Union averaged 1730503.93 EUR Million from 1995 until 2019, reaching an all time high of 2022368.50 EUR Million in the second quarter of 2019 and a record low of 1355851.70 EUR Million in the first quarter of 1995.
Consumer Spending in European Union is expected to be 2028818.64 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in European Union to stand at 2053194.00 in 12 months time. In the long-term, the European Union Consumer Spending is projected to trend around 2105224.90 EUR Million in 2020, according to our econometric models.