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IP/10/1539

Brussels, 22 November 2010

November 2010: Flash Consumer Confidence Indicator

In November 2010, the DG ECFIN flash estimate of the consumer confidence indicator signalled a sizeable improvement in sentiment in the euro area (‑9.5 after -10.9 in October), while it increased marginally in the EU (-11.1 after -11.5 in October).

Computation of Flash CCI

To compute the flash consumer confidence indicator for the EU and euro area, Directorate General for Economic and Financial Affairs (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

Figures and graphics available in PDF and WORD PROCESSED
The next Business and Consumer Survey is due to be published on 29 November 2010.

Full tables are available on:

http://ec.europa.eu/economy_finance/db_indicators/surveys/index_en.htm


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