Euro Area Consumer Confidence

Last Release

Dec 31, 2024

Actual

-14.5

Units In

Points

-13.7

Frequency

Monthly

Next Release

N/A

Time to Release

N/A

Highest	Lowest	Average	Date Range	Source
-1.4 May 2000	-28.7 Sep 2022	-10.54 Points	1985-2024	European Commission

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.

Latest Updates

Consumer confidence in the Euro Area fell by 0.7 points from the previous month to -14.5 in December 2024, marking the second consecutive month of deterioration and aligning with preliminary figures. This was the lowest reading since April this year, with the index remaining below its long-term average. In the broader European Union, consumer sentiment fell by 1 point to -13.4, marking its second consecutive monthly decline. Consumers became notably more pessimistic about the general economic situation in their respective country and their intentions to make major purchases. By contrast, consumers’ views about their households’ expected financial situation and past financial situation remained largely unchanged.