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European Commission - Press release

May 2012: Flash Consumer Confidence Indicator

Brussels, 22 May 2012 - In May 2012, the DG ECFIN flash estimate of the consumer confidence indicator improved in both the EU (to -19.4 from -20.2 in April 2012) and the euro area (to -19.3 from -19.9 in April 2012).

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 February 2010.

Scheduled publication dates

Flash estimate

Final release EU, euro area and Member States

June 2012

21 June 2012

28 June 2012

July 2012

23 July 2012

30 July 2012

August 2012

23 August 2012

30 August 2012

The next Business and Consumer Survey is due to be published on 30 May 2012.

Full tables are available on:

Contacts :

Amadeu Altafaj Tardio (+32 2 295 26 58)

Vandna Kalia (+32 2 299 58 24)

Audrey Augier (+32 2 297 16 07)

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