IP/ 10/168
Brussels, 18 February 2010
February 2010: Flash Consumer Confidence Indicator
In February 2010, the DG ECFIN flash estimate of the consumer confidence indicator for the euro area signals the first fall after 10 months of improvement (down to -17.4 from -15.8 in January). Confidence declined also among EU consumers, but to a lesser extent (down to -13.6 from -13.1 in January).
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
The next Business and Consumer Survey is due to be published on 25 February 2010.
Full tables are available on:
http://ec.europa.eu/economy_finance/db_indicators/surveys/index_en.htm
