European Commission - Directorate-General for Econ : January 2014: Flash Consumer Confidence Indicator

European Commission

Press release

Brussels, 23 January 2014

January 2014: Flash Consumer Confidence Indicator

In January 2014, the DG ECFIN flash estimate of the consumer confidence indicator improved markedly in both the EU (-8.8 after -10.9 in December 2013) and in the euro area (-11.7 after -13.5 in December 2013). The euro area indicator has surpassed its long-term average of -13.3 for the first time since July 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

	Flash estimate	Final release EU, euro area and Member States
February 2014	20 February 2014	27 February 2014
March 2014	21 March 2014	28 March 2014
April 2014	22 April 2014	29 April 2014

The next Business and Consumer Survey is due to be published on 30 January 2014.

Full tables are available on:

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

Contacts : Simon O'Connor([phone]) Audrey Augier([phone])