IP/10/996
Brussels, 22 July 2010
July 2010: Flash Consumer Confidence Indicator
In July 2010, the European Commission's Economic and Monetary Affairs Department - DG ECFIN - flash estimate of the consumer confidence indicator signals a significant improvement for the euro area aggregate (up to -14.1 from -17.3 in June). Consumer confidence also improved, though less markedly, for the EU as a whole (up to -13.8 from -14.9 in June).
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
Full tables are available on:
http://ec.europa.eu/economy_finance/db_indicators/surveys/index_en.htm
