In August 2014, the DG ECFIN flash estimate of the consumer confidence indicator decreased in both the EU (by 0.9 points to -6.4) and the euro area (by 1.6 points to -10.0) compared to July.
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
Final release EU, euro area and Member States
22 September 2014
29 September 2014
23 October 2014
30 October 2014
20 November 2014
27 November 2014
The next Business and Consumer Survey is due to be published on 28 August 2014.