Eurozone Consumer Confidence unchanged in January

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Monday, Jan 23 2017

Eurozone Consumer Confidence unchanged in January

In January 2017, the DG ECFIN flash estimate of the consumer confidence indicator was broadly unchanged in both the euro area (+0.2 points to -4.9) and the EU (+0.3 points to -4.3) compared to December 2016.

To compute the flash consumer confidence indicator for the EU and euro area, the Directorate-General Economic and Financial Affairs (DG ECFIN) of the European Commission uses the data available on the cut-off date. The estimation procedure combines historical data with information from those Member States for which data are available in the reference month. Experience has shown this procedure to be statistically reliable.

More in this category: « ECB probed by watchdog over ties with bankers in G30 group German Manufacturing PMI rose to record from January 2014 »

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