Consumer confidence in the Euro Area remained broadly stable at -14.7 in April 2024, below expectations of -14.0, a preliminary estimate showed. Nevertheless, this was the highest level of sentiment seen since February 2022, suggesting a positive outlook fueled by hopes of upcoming ECB interest rate reductions. In the broader European Union, confidence held steady at -15.2, remaining below the historical average. source: European Commission

Consumer Confidence In the Euro Area increased to -14.70 points in April from -14.90 points in March of 2024. Consumer Confidence in Euro Area averaged -10.50 points from 1985 until 2024, reaching an all time high of -1.80 points in December of 1989 and a record low of -28.60 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 April of 2024.

Consumer Confidence In the Euro Area increased to -14.70 points in April from -14.90 points in March of 2024. Consumer Confidence in Euro Area is expected to be -12.80 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 -2.00 points in 2025, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2024-03-27 10:00 AM Consumer Confidence Final Mar -14.9 -15.5 -14.9 -14.9
2024-04-22 02:00 PM Consumer Confidence Flash Apr -14.7 -14.9 -14.7 -14.2
2024-04-29 09:00 AM Consumer Confidence Final Apr -14.9 -14.7 -14.7


Related Last Previous Unit Reference
Consumer Confidence -14.70 -14.90 points Apr 2024
Consumer Inflation Expectations 12.30 15.40 points Mar 2024
Economic Sentiment 96.30 95.50 points Mar 2024
Retail Sales MoM -0.50 0.00 percent Feb 2024
Retail Sales YoY -0.70 -0.90 percent Feb 2024

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
-14.70 -14.90 -1.80 -28.60 1985 - 2024 points Monthly
SA

News Stream
Eurozone Consumer Morale Misses Expectations
Consumer confidence in the Euro Area remained broadly stable at -14.7 in April 2024, below expectations of -14.0, a preliminary estimate showed. Nevertheless, this was the highest level of sentiment seen since February 2022, suggesting a positive outlook fueled by hopes of upcoming ECB interest rate reductions. In the broader European Union, confidence held steady at -15.2, remaining below the historical average.
2024-04-22
Eurozone Consumer Morale Confirmed at Over 2-Year High
The consumer confidence indicator in the Euro Area rose by 0.6 points from the previous month to -14.9 in March 2024, the highest since February 2022 and in line with preliminary estimates. Across the European Union as a whole, consumer sentiment went up by 0.6 points to -15.2 thanks to consumers’ gradually brightening views regarding their household’s past and expected financial situation and to their slightly less pessimistic expectations about the general economic situation in their country. Consumers’ intentions to make major purchases remained stable.
2024-03-27
Eurozone Consumer Morale Improves to Over 2-Year High
The consumer confidence indicator in the Euro Area rose by 0.6 points from a month earlier to -14.9 in March 2024, slightly surpassing market expectations of -15.0, a preliminary estimate showed. Sentiment hit its strongest level since February 2022, amidst a gradual slowdown in inflation and optimism surrounding potential interest rate cuts by the ECB later in the year. In the European Union as a whole, consumer sentiment rose by 0.6 points to -15.2.
2024-03-20