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European Commission - Press release

October 2011: Flash Consumer Confidence Indicator

Brussels, 20 October 2011 - In October 2011, the DG ECFIN flash estimate of the consumer confidence indicator declined in both the EU (down to -20.2 from -19.1 in September 2011) and the euro area (down to -19.9 from -19.1 in September 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

Flash estimate

Final release EU, euro area and Member States

November 2011

22 November 2011

29 November 2011

December 2011

21 December 2011

6 January 2012

January 2012

23 January 2012

30 January 2012

The next Business and Consumer Survey is due to be published on 27 October 2011.

Full tables are available on:

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

Contacts :

Amadeu Altafaj Tardio (+32 2 295 26 58)

Catherine Bunyan (+32 2 299 65 12)


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