Consumer Confidence

The Consumer Confidence released by the European Commission is a leading index that measures the level of consumer confidence in economic activity. A high level of consumer confidence stimulates economic expansion while a low level drives to economic downturn. A high reading is seen as positive (or bullish) for the EUR, while a low reading is seen as negative (or bearish).

Most recent - Wednesday 30 October 2024 10:00

Previous
-12.5
Revised
-
Forecast
-12.5
Actual
-12.5

Next event - Thursday 21 November 2024 15:00

Previous
-12.5
Forecast
-12.4
Actual
-

The typical/expected impact on EUR pairs is medium.

The consensus forecast for Consumer Confidence is -12.4. A higher value than forecast tends to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.

Trading range

Forecast history

The most recent announced value for Consumer Confidence was -12.5 against a forecast of -12.5.

Past events

Date
Forecast
Actual
Wednesday 30 October 2024 10:00
-12.5
-12.5
Wednesday 23 October 2024 14:00
-12.5
-12.5
Friday 27 September 2024 09:00
-12.9
-12.9
Friday 20 September 2024 14:00
-13
-12.9
Thursday 29 August 2024 09:00
-13.4
-13.5
Thursday 22 August 2024 14:00
-12.6
-13.4
Tuesday 30 July 2024 09:00
-13
-13
Tuesday 23 July 2024 14:00
-13.2
-13
Thursday 27 June 2024 09:00
-14
-14
Thursday 20 June 2024 14:00
-13.6
-14
Thursday 30 May 2024 09:00
-14.3
-14.3
Thursday 23 May 2024 14:00
-14.2
-14.3
Monday 29 April 2024 09:00
-14.7
-14.7
Monday 22 April 2024 14:00
-14
-14.7
Wednesday 27 March 2024 10:00
-14.9
-14.9
Wednesday 20 March 2024 15:00
-15
-14.9
Wednesday 28 February 2024 10:00
-15.5
-15.5
Wednesday 21 February 2024 15:00
-15.6
-15.5
Tuesday 30 January 2024 10:00
-16.1
-16.1
Tuesday 23 January 2024 15:00
-14.3
-16.1
Monday 8 January 2024 10:00
-15.1
-15
Wednesday 20 December 2023 15:00
-16.4
-15.1
Wednesday 29 November 2023 10:00
-16.9
-16.9
Wednesday 22 November 2023 15:00
-17.6
-16.9
Monday 30 October 2023 10:00
-17.9
-17.9
Monday 23 October 2023 14:00
-18.3
-17.9
Thursday 28 September 2023 09:00
-17.8
-17.8
Thursday 21 September 2023 14:00
-16.5
-17.8
Wednesday 30 August 2023 08:00
-16
-16
Wednesday 23 August 2023 14:00
-14.3
-16
Friday 28 July 2023 09:00
-15.1
-15.1
Thursday 20 July 2023 14:00
-16
-15.1
Thursday 29 June 2023 09:00
-16.1
-16.1
Thursday 22 June 2023 14:00
-17
-16.1
Tuesday 30 May 2023 09:00
-17.4
-17.4
Monday 22 May 2023 14:00
-17
-17.4
Thursday 27 April 2023 09:00
-17.5
-17.5
Thursday 20 April 2023 14:00
-18.5
-17.5
Thursday 30 March 2023 09:00
-19.2
-19.2
Thursday 23 March 2023 15:00
-18.3
-19.2
Monday 27 February 2023 10:00
-19
-19
Monday 20 February 2023 15:00
-19
-19
Monday 30 January 2023 10:00
-20.9
-20.9
Monday 23 January 2023 15:00
-22.5
-20.9
Friday 6 January 2023 10:00
-22.2
-22.2
Tuesday 20 December 2022 15:00
-22
-22.2
Tuesday 29 November 2022 10:00
-23.9
-23.9
Tuesday 22 November 2022 14:50
-26
-23.9
Friday 28 October 2022 09:00
-27.6
-27.6
Friday 21 October 2022 14:00
-30
-27.6
Thursday 29 September 2022 09:00
-28.8
-28.8
Thursday 22 September 2022 14:00
-25.8
-28.8
Tuesday 30 August 2022 09:00
-24.9
-24.9
Tuesday 23 August 2022 14:00
-28
-24.9
Thursday 28 July 2022 09:00
-27
-27
Wednesday 20 July 2022 14:00
-24.9
-27
Wednesday 29 June 2022 09:00
-23.6
-23.6
Wednesday 22 June 2022 14:00
-20.5
-23.6
Monday 30 May 2022 09:00
-21.1
-21.1
Friday 20 May 2022 14:00
-21.5
-21.1
Monday 2 May 2022 09:00
-16.9
-22
Thursday 21 April 2022 14:00
-20
-16.9
Wednesday 30 March 2022 09:00
-18.7
-18.7
Wednesday 23 March 2022 15:00
-12.9
-18.7
Friday 25 February 2022 10:00
-8.8
-8.8
Friday 18 February 2022 15:00
-8
-8.8
Friday 28 January 2022 10:00
-
-8.5
Friday 21 January 2022 15:00
-9
-8.5
Friday 7 January 2022 10:00
-8.3
-8.3
Tuesday 21 December 2021 15:00
-8
-8.3
Monday 29 November 2021 10:00
-6.8
-6.8
Monday 22 November 2021 15:00
-5.5
-6.8

Economic context

Recent economic data has been broadly neutral for EUR. Other recent announcements which may affect the market's interpretation of the next Consumer Confidence result:

PreviousLatest
Core Harmonized Index of Consumer Prices (MoM)(no change)0.2%0.2%
Core Harmonized Index of Consumer Prices (YoY)(no change)2.7%2.7%
Harmonized Index of Consumer Prices (MoM)(no change)0.3%0.3%
Consumer Price Index (EU Norm) (YoY)(no change)1%1%
Consumer Price Index (YoY)(no change)0.9%0.9%
Consumer Price Index (EU norm) (YoY)Bullish change1.5%1.6%
Industrial Production s.a. (MoM)Bearish change1.5%-2%
Employment Change (QoQ)(no change)0.2%0.2%
Gross Domestic Product s.a. (QoQ)(no change)0.4%0.4%
Gross Domestic Product s.a. (YoY)(no change)0.9%0.9%
Harmonized Index of Consumer Prices (YoY)(no change)1.8%1.8%
ZEW Survey – Current SituationBearish change-86.9-91.4
ZEW Survey – Economic SentimentBearish change13.17.4
ZEW Survey – Economic SentimentBearish change20.112.5
Harmonized Index of Consumer Prices (MoM)(no change)0.4%0.4%
Harmonized Index of Consumer Prices (YoY)(no change)2.4%2.4%
Retail Sales (MoM)Bearish change1.1%0.5%
Retail Sales (YoY)Bullish change2.4%2.9%
30-y Bond AuctionBullish change3.853%3.877%
Industrial Production n.s.a. w.d.a. (YoY)Bearish change-3%-4.6%
Industrial Production s.a. (MoM)Bearish change2.6%-2.5%
Trade Balance s.a.Bearish change€22.5B€17B
Producer Price Index (MoM)Bearish change0.6%-0.6%
Producer Price Index (YoY)Bearish change-2.3%-3.4%
HCOB Composite PMIBullish change49.750
HCOB Composite PMIBullish change48.448.6
HCOB Services PMIBullish change51.451.6
HCOB Services PMIBearish change5754.9
Factory Orders n.s.a. (YoY)Bullish change-3.4%1%
Factory Orders s.a. (MoM)Bullish change-5.4%4.2%

About Consumer Confidence

Country:Eurozone
Currency:EUR
Source:European Commission
Category:Consumption
Frequency:Monthly
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