Euro Area EUR

Euro Area Consumer Confidence Final

Info

History

Chart

Impact:

Low

Source: European Commission

Latest Release:

Date:

Actual:

-15.2

Forecast: -15.2

Previous/Revision:

-16.6

Period: May

Next Release:

Date:

Period: Jun

What Does It Measure?

The Euro Area Consumer Confidence Final measures the degree of optimism or pessimism that consumers in the Eurozone have regarding their personal financial situation and the overall economic climate. This indicator primarily focuses on consumer sentiment, which assesses key areas such as spending, saving intentions, and employment expectations, providing insight into household consumption behavior and economic growth potential.

Frequency

The Euro Area Consumer Confidence Final is released on a monthly basis, typically published on the last Tuesday of each month as a final figure following preliminary estimates.

Why Do Traders Care?

Traders closely monitor consumer confidence as it serves as a leading indicator of consumer spending, which is a major driver of economic growth. Strong consumer confidence can boost equities and currencies, reflecting positive economic conditions, while declines may lead to bearish sentiments for these assets, influencing market expectations.

What Is It Derived From?

This indicator is derived from a survey of approximately 1,500 consumers across the Eurozone, conducted by the European Commission. The survey employs a diffusion index methodology, capturing responses regarding expected changes in personal financial situations, general economic conditions, and unemployment over the next 12 months, with the results weighted to reflect the population.

Description

Consumer confidence is reported as a balance between the number of positive and negative responses, with a neutral score of zero indicating equal optimism and pessimism. Typically, an index value above 100 signifies consumer optimism, while values below that threshold reflect negative sentiment. This indicator is crucial for assessing future household spending trends, strongly influencing economic forecasts.

Additional Notes

The Euro Area Consumer Confidence Final is considered a leading economic indicator because it provides early insights into consumer behavior that can affect economic momentum. Comparisons with related indicators, such as consumer spending data and business confidence indices, can further illuminate economic conditions in the Eurozone.

Bullish or Bearish for Currency and Stocks

Higher than expected: Bullish for EUR, Bullish for Stocks. Lower than expected: Bearish for EUR, Bearish for Stocks.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number	Better than forecast for the currency (or previous revise better)
Red Number	Worse than forecast for the currency (or previous revise better)
Hawkish	Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish	Favors lower rates to boost growth, weakening the currency but lifting stocks.

Date	Actual	Forecast	Previous	Surprise
May 27, 2025	-15.2	-15.2	-16.6
Apr 29, 2025	-16.7	-16.7	-14.5
Mar 28, 2025	-14.5	-14.5	-13.6
Feb 27, 2025	-13.6	-13.6	-14.2
Jan 30, 2025	-14.2	-14.2	-14.5
Jan 08, 2025	-14.5	-14.5	-13.8
Nov 28, 2024	-13.7	-13.7	-12.5
Oct 30, 2024	-12.5	-12.5	-12.9
Sep 27, 2024	-12.9	-12.9	-13.5
Aug 29, 2024	-13.5	-13.4	-13	-0.1
Jul 30, 2024	-13	-13	-14
Jun 27, 2024	-14	-14	-14.3
May 30, 2024	-14.3	-14.3	-14.7
Apr 29, 2024	-14.7	-14.7	-14.9
Mar 27, 2024	-14.9	-14.9	-15.5
Feb 28, 2024	-15.5	-15.5	-16.1
Jan 30, 2024	-16.1	-16.1	-15.1
Jan 08, 2024	-15	-15.1	-16.9	0.1
Nov 29, 2023	-16.9	-16.9	-17.9
Oct 30, 2023	-17.9	-17.9	-17.8
Sep 28, 2023	-17.8	-17.8	-16
Aug 30, 2023	-16	-16	-15.1
Jul 28, 2023	-15.1	-15.1	-16.1
Jun 29, 2023	-16.1	-16.1	-17.4
May 30, 2023	-17.4	-17.4	-17.5
Apr 27, 2023	-17.5	-17.5	-19.1
Mar 30, 2023	-19.2	-19.2	-19.1
Feb 27, 2023	-19	-19	-20.7
Jan 30, 2023	-20.9	-20.9	-22.1
Jan 06, 2023	-22.2	-22.2	-23.9
Nov 29, 2022	-23.9	-23.9	-27.5
Oct 28, 2022	-27.6	-27.6	-28.8
Sep 29, 2022	-28.8	-28.8	-25
Aug 30, 2022	-24.9	-24.9	-27
Jul 28, 2022	-27	-27	-23.8
Jun 29, 2022	-23.6	-23.6	-21.1
May 30, 2022	-21.1	-21.1	-22
May 02, 2022	-22	-16.9	-21.6	-5.1
Mar 30, 2022	-18.7	-18.7	-8.8
Feb 25, 2022	-8.8	-8.8	-8.5
Jan 28, 2022	-8.5	-8.5	-8.4
Jan 07, 2022	-8.3	-8.3	-6.8
Nov 29, 2021	-6.8	-6.8	-4.8
Oct 28, 2021	-4.8	-4.8	-4
Sep 29, 2021	-4	-4	-5.3
Aug 30, 2021	-5.3	-5.3	-4.4
Jul 29, 2021	-4.4	-4.4	-3.3
Jun 29, 2021	-3.3	-3.3	-5.1
May 28, 2021	-5.1	-5.1	-8.1
Apr 29, 2021	-8.1	-8.1	-10.8
Mar 30, 2021	-10.8	-10.8	-14.8
Feb 25, 2021	-14.8	-14.8	-15.5
Jan 28, 2021	-15.5	-15.5	-13.8
Jan 07, 2021	-13.9	-13.9	-17.6
Nov 27, 2020	-17.6	-17.6	-15.5
Oct 29, 2020	-15.5	-15.5	-13.9
Sep 29, 2020	-13.9	-13.9	-14.7
Aug 28, 2020	-14.7	-14.7	-15
Jul 30, 2020	-15	-15	-14.7
Jun 29, 2020	-14.7	-14.7	-18.8
May 28, 2020	-18.8	-18.8	-22
Apr 29, 2020	-22.7	-22.7	-11.6
Mar 30, 2020	-11.6	-11.6	-6.6
Feb 27, 2020	-6.6	-6.6	-8.1
Jan 30, 2020	-8.1	-8.1	-8.1
Jan 08, 2020	-8.1	-8.1	-7.2
Nov 28, 2019	-7.2	-7.2	-7.6
Oct 30, 2019	-7.6	-7.6	-6.5
Sep 27, 2019	-6.5	-6.8	-7.1	0.3
Aug 29, 2019	-7.1	-7.1	-6.6
Jul 30, 2019	-6.6	-6.6	-7.2
Jun 27, 2019	-7.2	-7.2	-6.5
May 28, 2019	-6.5	-6.5	-7.3
Apr 29, 2019	-7.9	-7.9	-7.2
Mar 28, 2019	-7.2	-7.2	-7.4
Feb 27, 2019	-7.4	-7.4	-7.9
Jan 30, 2019	-7.9	-7.9	-8.3
Jan 08, 2019	-6.2	-6.2	-3.9
Nov 29, 2018	-3.9	-3.9	-2.7
Oct 30, 2018	-2.7	-2.7	-2.9
Sep 27, 2018	-2.9	-2.9	-1.9
Aug 30, 2018	-1.9	-1.9	-0.5
Jul 30, 2018	-0.6	-0.6	-0.6
Jun 28, 2018	-0.5	-7.2	0.2	6.7
May 30, 2018	0.2	0.2	0.3
Apr 27, 2018	0.4	-0.1	0.1	0.5
Mar 27, 2018	0.1	0.1	0.1
Feb 27, 2018	0.1	0.1	1.4
Jan 30, 2018	1.3	1.3	0.5
Jan 08, 2018	0.5	-6.2	0	6.7
Nov 29, 2017	0.1	0.1	-1.1
Oct 30, 2017	-1	-1	-1.2
Sep 28, 2017	-1.2	-1.2	-1.2
Aug 30, 2017	-1.5	-1.5	-1.7
Jul 28, 2017	-1.7	-1.7	-1.3
Jun 29, 2017	-1.3	-1.3	-3.3
May 30, 2017	-3.3	-3.3	-3.6
Apr 27, 2017	-3.6	-3.6	-5
Mar 30, 2017	-5	-5	-6.2
Feb 27, 2017	-6.2	-6.2	-4.8
Jan 30, 2017	-4.7	-4.9	-5.1	0.2
Jan 06, 2017	-5.1	-5	-6.2	-0.1
Nov 29, 2016	-6.1	-6	-8	-0.1
Oct 28, 2016	-8	-8	-8.2
Sep 29, 2016	-8.2	-8.2	-8.5
Aug 30, 2016	-8.5	-8.5	-7.9
Jul 28, 2016	-7.9	-7.9	-7.2
Jun 29, 2016	-7.3	-7	-7	-0.3
May 30, 2016	-7	-7	-9.3
Apr 28, 2016	-9.3	-9.3	-9.7
Mar 30, 2016	-9.7	-9.7	-8.8
Feb 26, 2016	-9	-7	-6.3	-2
Jan 28, 2016	-6.3	-6.3	-5.7
Jan 07, 2016	-5.7	-5.7	-5.9
Nov 27, 2015	-5.9	-7.7	-7.5	1.8
Oct 29, 2015	-7.7	-7.7	-7.1
Sep 29, 2015	-7.1	-7.1	-6.9
Aug 28, 2015	-6.9	-6.9	-7.2
Jul 30, 2015	-7.1	-7.1	-5.6
Jun 29, 2015	-5.6	-5.6	-5.6
May 28, 2015	-5.5	-5.5	-4.6