August 2011: Flash Consumer Confidence Indicator

In August 2011, the DG ECFIN (Directorate General for Economic and Monetary Affairs) flash estimate of the consumer confidence indicator strongly declined in both the EU (down to -16.8 from -12.4 in July 2011) and the euro area (down to -16.6 from -11.2 in July 2011).

Computation of Flash CCI

To compute the flash consumer confidence indicator for the EU and euro area, DG ECFIN 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.

Further information on the computation procedure can be found in the European Business Cycle Indicators of January 2010.

Scheduled publication dates

Consumer confidence for Flash estimate Final release EU, euro area and Member States
September 2011 22 September 2011 29 September 2011
October 2011 20 October 2011 28 October 2011
November 2011 22 November 2011 29 November 2011




The next Business and Consumer Survey is due to be published on 30 September 2011.
Full tables are available on:

Sursa: Comisia Europeana

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