In October 2020, the DG ECFIN flash estimate1 of the consumer confidence indicator2 decreased by 1.6 points in both the euro area and the EU compared to September. At −15.5 points (euro area) and −16.5 points (EU), both indicators are well below their long-term averages of −11.2 (euro area) and −10.6 (EU). This month's Flash CCI for the EU aggregate is computed on the basis of consumer survey data from 26 EU countries, covering 98.0% of the total private final consumption expenditure. For the euro-area indicator, all 19 member countries are included in the total. 2 The consumer confidence indicator is built on ... (full story)