October 2013: Flash Consumer Confidence Indicator

European Commission

Press release

Brussels, 23 October 2013

October 2013: Flash Consumer Confidence Indicator

In October 2013, the DG ECFIN flash estimate of the consumer confidence indicator improved slightly in the euro area (-14.5 after -14.9 in September 2013) and remained unchanged in the EU (at 11.7).

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

The next Business and Consumer Survey is due to be published on 30 October 2013.

Full tables are available on:

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