August 2013: ECFIN Flash Consumer Confidence Indicator

In August 2013, the DG ECFIN flash estimate of the consumer confidence indicator improved markedly in both the euro area (-15.6 after -17.4 in July 2013) and the EU (-12.8 after -14.8 in July 2013).

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
September 2013	20 September 2013	27 September 2013
October 2013	23 October 2013	30 October 2013
November 2013	21 November 2013	28 November 2013

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

Full tables are available on:

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

Contacts :

Olivier Bailly (+32 2 296 87 17)

Simon O'Connor (+32 2 296 73 59)

Vandna Kalia (+32 2 299 58 24)

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Reference information