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. source: European Commission

Consumer Confidence In the Euro Area decreased to -14.50 points in December from -13.70 points in November of 2024. Consumer Confidence in Euro Area averaged -10.55 points from 1985 until 2024, reaching an all time high of -1.80 points in December of 1989 and a record low of -28.60 points in September of 2022. This page provides the latest reported value for - Euro Area Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on January of 2025.

Consumer Confidence In the Euro Area decreased to -14.50 points in December from -13.70 points in November of 2024. Consumer Confidence in Euro Area is expected to be -6.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Consumer Confidence is projected to trend around -6.00 points in 2026, according to our econometric models.




Calendar GMT Reference Actual Previous Consensus TEForecast
2024-12-20 03:00 PM Consumer Confidence Flash Dec -14.5 -13.7 -14 -13.5
2025-01-08 10:00 AM Consumer Confidence Final Dec -14.5 -13.8 -14.5 -14.5
2025-01-23 03:00 PM Consumer Confidence Flash Jan -14.5

Components Last Previous Unit Reference
Consumer Inflation Expectations 21.00 17.80 points Dec 2024

Related Last Previous Unit Reference
Business Confidence -0.91 -0.78 points Dec 2024
Consumer Confidence -14.50 -13.70 points Dec 2024
Economic Sentiment 93.70 95.80 points Dec 2024
Industrial Sentiment -14.10 -11.40 points Dec 2024
Retail Sales MoM 0.10 -0.30 percent Nov 2024
Retail Sales YoY 1.20 2.10 percent Nov 2024
Services Sentiment 5.90 5.30 points Dec 2024

Euro Area Consumer Confidence
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.
Actual Previous Highest Lowest Dates Unit Frequency
-14.50 -13.70 -1.80 -28.60 1985 - 2024 points Monthly
SA


News Stream
Euro Area Consumer Sentiment Confirmed at 8-Month Low
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.
2025-01-08
Euro Area Consumer Morale Hits 8-Month Low
Consumer confidence in the Euro Area fell by 0.8 points to -14.5 in December 2024, falling back below its long-term average and worse than market expectations of -14, according to preliminary estimates. This was the lowest reading since April this year. In the broader European Union, consumer sentiment also declined by 1 points, reaching -13.4.
2024-12-20
Euro Area Consumer Sentiment Deteriorates as Predicted
Consumer confidence in the Euro Area dropped by 1.2 points to -13.7 in November 2024 and worse than market expectations of -12.4, in line with preliminary figures. This was the lowest reading since June, with the index remaining below its long-term average. In the European Union, sentiment also fell by 1.1 points, reaching a five-month low of -12.4, driven by a significant decline in consumers' assessments of both the overall economic situation and their households' future financial outlook. While their evaluation of the household's past financial situation also weakened, the decline was marginal. However, consumers' intentions to make major purchases showed improvement.
2024-11-28