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European Consumer Confidence

European Consumer Confidence

Actual: -14.7
Forecast: -14.7
Previous: -18.8
Importance:
Release Date: Jun 29, 2020
Currency: EUR
Country: Euro Zone
Source Of Report: European Commission

Consumer Confidence measures the level of consumer confidence in economic activity. It is a leading indicator as it can predict consumer spending, which plays a major role in overall economic activity. The reading is compiled from a survey of about 2,300 consumers in the euro zone which asks respondents to evaluate future economic prospects. Higher readings point to higher consumer optimism.

A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.

Release Date Actual Forecast Previous
Jul 23, 2020 (Jul) -15.0 -14.7
Jun 29, 2020 (Jun) -14.7 -14.7 -18.8
Jun 22, 2020 (Jun)    -14.7 -15.0 -18.8
May 28, 2020 (May) -18.8 -18.8 -22.0
May 20, 2020 (May)    -18.8 -24.0 -22.0
Apr 29, 2020 (Apr) -22.7 -22.7 -11.6

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