View full page at forexfactory.com

 

Flash Consumer Confidence Indicator for EU and Euro Area

From ec.europa.eu

In February 2012, the DG ECFIN flash estimate 1 of the consumer confidence indicator 2 improved in both the EU (up to -20.1 from -20.8 in January 2012) and the euro area (up to -20.2 from -20.7 in January 2012). 1 The Flash CCI for the EU aggregate is computed on the basis of consumer survey data from 23 EU countries, covering about 98.6% of the total private final consumption expenditure. For the euro-area indicator, the 16 countries included represent 99.9% of the total. 2 The consumer confidence indicator is built on selected questions addressed to consumers according to the Joint Harmonised EU Business and ... (full story)

Story Stats

  • Posted:
  • Category: Low Impact Breaking News