European Commission - Press release
July 2011: Flash Consumer Confidence Indicator
Brussels, 20 July 2011 - In July 2011, the DG ECFIN flash estimate of the consumer confidence indicator declined in both the EU (down to -12.3 from -10.9 in June 2011) and the euro area (down to -11.42 from -9.7in June 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
Final release EU, euro area and Member States
23 August 2011
30 August 2011
22 September 2011
29 September 2011
20 October 2011
28 October 2011
The next Business and Consumer Survey is due to be published on 28 July 2011.
Full tables are available on:
Amadeu Altafaj Tardio (+32 2 295 26 58)
Catherine Bunyan (+32 2 299 65 12)
Pia Seppälä (+32 2 299 24 88)