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Flash Consumer Confidence Indicator for the EU and Euro Area
In July 2024, DG ECFIN’s flash estimate1 of the consumer confidence indicator2 increased further, by 0.7 percentage points (pps.) in the EU and by 1.0 pp. in the euro area. At -12.2 (EU) and -13.0 (euro area) points, consumer confidence is approaching its long-term average. This month's Flash CCI for the EU aggregate is computed on the basis of consumer survey data from 26 EU countries (all except Ireland), covering 98,5% (EU) and 98,2% (euro area) of total private final consumption expenditure. The consumer confidence indicator builds on replies to selected questions addressed to consumers according to the Joint ... (full story)