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IP/11/357

Brussels, 23 March 2011

March 2011: Flash Consumer Confidence Indicator

In March 2011, the DG ECFIN flash estimate of the consumer confidence indicator decreased in the euro area (down to -10.6 from -10.0 in February 2011) and, to a lesser extent, in the EU (down to -12.8 from -12.4 in February 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

April 2011

18 April 2011

29 April 2011

May 2011

20 May 2011

27 May 2011

June 2011

22 June 2011

29 June 2011

The next Business and Consumer Survey is due to be published on 30 March 2011.

Full tables are available on:

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


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