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July 2011: Flash Consumer Confidence Indicator

European Commission - IP/11/918   20/07/2011

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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

Flash estimate

Final release EU, euro area and Member States

August 2011

23 August 2011

30 August 2011

September 2011

22 September 2011

29 September 2011

October 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:

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)

Pia Seppälä (+32 2 299 24 88)


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