Consumer Confidence

The Consumer Confidence released by the European Commission is a leading index that measures the level of consumer confidence in economic activity. A high level of consumer confidence stimulates economic expansion while a low level drives to economic downturn. A high reading is seen as positive (or bullish) for the EUR, while a low reading is seen as negative (or bearish).

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Next event - Thursday 21 August 2025 14:00

-14.7

Forecast

-14.9

Actual

The typical/expected impact on EUR pairs is medium.

The consensus forecast for Consumer Confidence is -14.9. A higher value than forecast tends to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.

Most recent - Wednesday 30 July 2025 09:00

-14.7

Revised

Forecast

-14.7

Actual

-14.7

Trading range

Forecast history

The most recent announced value for Consumer Confidence was -14.7 against a forecast of -14.7.

Past events

Date

Forecast

Actual

Wednesday 30 July 2025 09:00

-14.7

Wednesday 23 July 2025 14:00

-15

-14.7

Friday 27 June 2025 09:00

-15.3

Friday 20 June 2025 14:00

-14.5

-15.3

Tuesday 27 May 2025 09:00

-15.2

Tuesday 20 May 2025 14:00

-16

-15.2

Tuesday 29 April 2025 09:00

-16.7

Tuesday 22 April 2025 14:00

-15.6

-16.7

Friday 28 March 2025 10:00

-14.5

Friday 21 March 2025 15:00

-13

-14.5

Thursday 27 February 2025 10:00

-13.6

Thursday 20 February 2025 15:00

-14

-13.6

Thursday 30 January 2025 10:00

-14.2

Thursday 23 January 2025 15:00

-14.2

Wednesday 8 January 2025 10:00

-14.5

Friday 20 December 2024 15:00

-14

-14.5

Thursday 28 November 2024 10:00

-13.7

Thursday 21 November 2024 15:00

-12.4

Wednesday 30 October 2024 10:00

-12.5

Wednesday 23 October 2024 14:00

-12.5

Friday 27 September 2024 09:00

-12.9

Friday 20 September 2024 14:00

-13

-12.9

Thursday 29 August 2024 09:00

-13.4

-13.5

Thursday 22 August 2024 14:00

-12.6

-13.4

Tuesday 30 July 2024 09:00

-13

Tuesday 23 July 2024 14:00

-13.2

-13

Thursday 27 June 2024 09:00

-14

Thursday 20 June 2024 14:00

-13.6

-14

Thursday 30 May 2024 09:00

-14.3

Thursday 23 May 2024 14:00

-14.2

-14.3

Monday 29 April 2024 09:00

-14.7

Monday 22 April 2024 14:00

-14

-14.7

Wednesday 27 March 2024 10:00

-14.9

Wednesday 20 March 2024 15:00

-15

-14.9

Wednesday 28 February 2024 10:00

-15.5

Wednesday 21 February 2024 15:00

-15.6

-15.5

Tuesday 30 January 2024 10:00

-16.1

Tuesday 23 January 2024 15:00

-14.3

-16.1

Monday 8 January 2024 10:00

-15.1

-15

Wednesday 20 December 2023 15:00

-16.4

-15.1

Wednesday 29 November 2023 10:00

-16.9

Wednesday 22 November 2023 15:00

-17.6

-16.9

Monday 30 October 2023 10:00

-17.9

Monday 23 October 2023 14:00

-18.3

-17.9

Thursday 28 September 2023 09:00

-17.8

Thursday 21 September 2023 14:00

-16.5

-17.8

Wednesday 30 August 2023 08:00

-16

Wednesday 23 August 2023 14:00

-14.3

-16

Friday 28 July 2023 09:00

-15.1

Thursday 20 July 2023 14:00

-16

-15.1

Thursday 29 June 2023 09:00

-16.1

Thursday 22 June 2023 14:00

-17

-16.1

Tuesday 30 May 2023 09:00

-17.4

Monday 22 May 2023 14:00

-17

-17.4

Thursday 27 April 2023 09:00

-17.5

Thursday 20 April 2023 14:00

-18.5

-17.5

Thursday 30 March 2023 09:00

-19.2

Thursday 23 March 2023 15:00

-18.3

-19.2

Monday 27 February 2023 10:00

-19

Monday 20 February 2023 15:00

-19

Monday 30 January 2023 10:00

-20.9

Monday 23 January 2023 15:00

-22.5

-20.9

Friday 6 January 2023 10:00

-22.2

Tuesday 20 December 2022 15:00

-22

-22.2

Tuesday 29 November 2022 10:00

-23.9

Tuesday 22 November 2022 14:50

-26

-23.9

Friday 28 October 2022 09:00

-27.6

Friday 21 October 2022 14:00

-30

-27.6

Thursday 29 September 2022 09:00

-28.8

Thursday 22 September 2022 14:00

-25.8

-28.8

Tuesday 30 August 2022 09:00

-24.9

Tuesday 23 August 2022 14:00

-28

-24.9

Economic context

Recent economic data has been moderately bearish for EUR. Other recent announcements which may affect the market's interpretation of the next Consumer Confidence result:

		Previous	Latest
Core Harmonized Index of Consumer Prices (MoM)	(no change)	-0.2%	-0.2%
Core Harmonized Index of Consumer Prices (YoY)	(no change)	2.3%	2.3%
Harmonized Index of Consumer Prices (MoM)	(no change)	0%	0%
Producer Price Index (MoM)	Bearish change	0.1%	-0.1%
Producer Price Index (YoY)	Bearish change	-1.3%	-1.5%
Employment Change (QoQ)	Bearish change	0.2%	0.1%
Gross Domestic Product s.a. (QoQ)	(no change)	0.1%	0.1%
Gross Domestic Product s.a. (YoY)	(no change)	1.4%	1.4%
Industrial Production s.a. (MoM)	Bearish change	1.1%	-1.3%
Consumer Price Index (EU norm) (YoY)	(no change)	0.9%	0.9%
Harmonized Index of Consumer Prices (YoY)	(no change)	2.7%	2.7%
Harmonized Index of Consumer Prices (MoM)	(no change)	0.4%	0.4%
Harmonized Index of Consumer Prices (YoY)	(no change)	1.8%	1.8%
ZEW Survey – Current Situation	Bearish change	-59.5	-68.6
ZEW Survey – Economic Sentiment	Bearish change	52.7	34.7
ZEW Survey – Economic Sentiment	Bearish change	36.1	25.1
Consumer Price Index (EU Norm) (YoY)	(no change)	1.7%	1.7%
Consumer Price Index (YoY)	(no change)	1.7%	1.7%
Industrial Production n.s.a. w.d.a. (YoY)	Bearish change	-0.2%	-3.6%
Industrial Production s.a. (MoM)	Bearish change	-0.1%	-1.9%
Trade Balance s.a.	Bearish change	€18.6B	€14.9B

About Consumer Confidence

Country:	Eurozone
Currency:	EUR
Source:	European Commission
Category:	Consumption
Frequency:	Monthly

Related events

	Australia		Retail Sales s.a. (MoM)
	China		Retail Sales (YoY)
	Germany		Retail Sales (YoY)
	Eurozone		Retail Sales (YoY)
	New Zealand		Retail Sales (QoQ)
	United Kingdom		Retail Sales (MoM)
	United States		Michigan Consumer Sentiment Index
	United States		Retail Sales (MoM)
	United States		Retail Sales Control Group
	Australia		Westpac Consumer Confidence
	Australia		Retail Sales (QoQ)
	Canada		Retail Sales ex Autos (MoM)
	Canada		Retail Sales (MoM)
	Switzerland		Real Retail Sales (YoY)
	Germany		Retail Sales (MoM)
	Germany		Gfk Consumer Confidence Survey
	Eurozone		Retail Sales (MoM)
	Indonesia		Consumer Confidence
	Japan		Large Retailer Sales
	Japan		Retail Trade s.a (MoM)
	Japan		Retail Trade (YoY)
	New Zealand		ANZ – Roy Morgan Consumer Confidence
	New Zealand		Retail Sales ex Autos (QoQ)
	New Zealand		Westpac Consumer Survey
	United Kingdom		BRC Like-For-Like Retail Sales (YoY)
	United Kingdom		Retail Sales ex-Fuel (MoM)
	United Kingdom		GfK Consumer Confidence
	United Kingdom		Retail Sales ex-Fuel (YoY)
	United Kingdom		Retail Sales (YoY)
	United States		Consumer Confidence
	United States		UoM 1-year Consumer Inflation Expectations
	United States		Retail Sales ex Autos (MoM)
	United States		UoM 5-year Consumer Inflation Expectation
	United States		Michigan Consumer Expectations Index
	United States		Personal Consumption Expenditures Prices (QoQ)
	United States		Core Personal Consumption Expenditures (QoQ)
	United States		Personal Spending

Calendar - Consumer Confidence - Eurozone

Consumer Confidence

Next event - Thursday 21 August 2025 14:00

Most recent - Wednesday 30 July 2025 09:00

Trading range

Trading range after each Consumer Confidence event

Forecast history

Past events

Economic context

About Consumer Confidence

Related events