EMU Consumer Confidence


Released on a monthly basis by the European Commission, the Consumer Confidence report measures monthly changes in consumer confidence toward economic activity in the European Union and the euro area.
Latest Release: 27-11-2014 10:00:00
Next Release: 30-01-2014 10:00:00
Source:European Commission
European Confidence Figures Soften Further
Sep 29th, 2014 at 09:06 AM

The European Commission has published updates to a broad range of sentiment indicators for the European Union member countries this morning. The headline Consumer Confidence number for September is still reading at –11.4, this compares to the anticipation of a rise to -10.0 this morning.

On the commercial side the Business Climate number has been announced as 0.07 in comparison to a 0.13 reading in August and a market consensus estimate for 0.16 today. The overall Economic Sentiment number now stands at 99.9 following last month’s 100.0 reading and compares to an anticipated figure of 100.6.

In the manufacturing sector, the Industrial Confidence number has been released as –5.5, compared to a reading of -5.6 in August and an expected figure of -5.3 this morning. Finally, the Services Confidence indicator for the EU is reading at 3.2 in comparison to the 2.6 recorded in August and an anticipated reading of 3.1 today.

The relative strength of the services sector compared to...

  • Analysis and Opinion » EUR/USD Drops Below 1.27 Ahead of ECB and NFP
    Posted Sep 29th, 2014 at 06:53 AM

    The euro has fallen for a fifth day versus the dollar, after finding strong resistance from the key level of 1.2900 (S1), ahead of some significant event out of the Eurozone and US. This week’s...

  • Analysis and Opinion » Euro Reverses Gains as Russian Tension Intensify
    Posted Aug 28th, 2014 at 11:19 AM

    The EUR/USD is lower reversing earlier gains as separatists, backed by Russian troops, reported to be advancing in the eastern part of the country. The euro has dipped to below 1.3180 after earlier...