The typical/expected impact on EUR pairs is medium.
The consensus forecast for Consumer Confidence is -16. A higher value than forecast tends to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.
The most recent announced value for Consumer Confidence was -16.5 against a forecast of -16.5.
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:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Core Harmonized Index of Consumer Prices (MoM) | (no change) | 0.2% | 0.2% | ||
| Core Harmonized Index of Consumer Prices (YoY) | (no change) | 2.5% | 2.5% | ||
| Harmonized Index of Consumer Prices (MoM) | (no change) | 0.6% | 0.6% | ||
| Consumer Price Index (EU Norm) (YoY) | Bullish change | 4.1% | 4.2% | ||
| Consumer Price Index (YoY) | (no change) | 4.2% | 4.2% | ||
| Industrial Production s.a. (MoM) | Bearish change | -0.3% | -0.5% | ||
| Consumer Price Index (EU norm) (YoY) | (no change) | 3.4% | 3.4% | ||
| Harmonized Index of Consumer Prices (YoY) | (no change) | 5% | 5% | ||
| Harmonized Index of Consumer Prices (MoM) | (no change) | 0.6% | 0.6% | ||
| Harmonized Index of Consumer Prices (YoY) | (no change) | 3.3% | 3.3% | ||
| Trade Balance s.a. | Bearish change | €21.6B | €19.5B | ||
| Industrial Production n.s.a. w.d.a. (YoY) | Bullish change | -1.8% | 2.3% | ||
| Industrial Production s.a. (MoM) | Bullish change | -1.2% | 2% | ||
| Retail Sales (MoM) | Bullish change | -0.6% | 0.1% | ||
| Retail Sales (YoY) | Bullish change | 0.4% | 0.8% | ||
| Factory Orders n.s.a. (YoY) | Bearish change | 14% | 2.7% | ||
| Factory Orders s.a. (MoM) | Bearish change | 3.2% | -10.6% |
| Country: | Eurozone |
|---|---|
| Currency: | EUR |
| Source: | European Commission |
| Category: | Consumption |
| Frequency: | Monthly |