The confidence of consumers is increasing in Greece while decreasing in the EU

Published: 2018-11-30

In November the confidence of consumers in Greece increased significantly compared to the same month last year, up from -53.8 to -35.8.

In the same time, EU countries consumers confidence have decreased somewhat, down from -0.7 to -3.7 on average. This is the lowest recorded level since March 2017.

Greece now displays the lowest confidence of consumers in all of EU, while Malta has the highest confidence (22.7 points).

The confidence of consumers is increasing in Greece while decreasing in the EU

Confidence of consumers in EU countries

The whole country2018 (November)2017 (November)Change
Austria9.410.2-0.8
Belgium-1.53-4.5
Bulgaria-31.1-22.4-8.7
Croatia-9.5-16.4+6.9
Cyprus-6.52.2-8.7
Czech Republic4.37.3-3
Denmark13.416.4-3
Estonia-4.8-0.9-3.9
Finland20.125.8-5.7
France-17.2-3.4-13.8
Germany4.95.3-0.4
Greece-35.8-53.8+18
Hungary-11.3-12.9+1.6
IrelandData is missing11.5Data is missing
Italy-7.8-7.80
Latvia-7.6-9.4+1.8
Lithuania-3.7-9.9+6.2
Luxembourg15.617.4-1.8
Malta22.716.5+6.2
Netherlands11.816.7-4.9
Poland-0.6-2.8+2.2
Portugal-1.24.2-5.4
Romania-21.5-22.2+0.7
Slovakia-3.9-4.6+0.7
Slovenia-5.70.6-6.3
Spain-6.6-1.7-4.9
Sweden13.917.2-3.3
United Kingdom-6.1-5.2-0.9

About the consumer confidence indicator

This indicator is based on consumers surveyed on their financial situation, general economic situation, price trends, unemployment, major purchases and savings, intention to buy a car, purchase or build a home, home improvements.

For all surveys the difference between positive and negative answers (in percentage points of total answers) are averaged to calculate an indicator.


Notes
The economic sentiment indicator (ESI) is calculated as an index with mean value of 100 and standard deviation of 10 over a fixed standardised sample period.

Get the data
As excel file As csv file

The data has been gathered from Eurostat. Get the original data here.

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