Consumer Confidence Index is the average of the balance of answers to four questions: evaluating the financial state of the family household, evaluating the general economic situation in the country in the past and opinion about its future, the acceptability of making large purchases at the moment.
The survey is carried out in all segments of the population. Only unambiguous answers are allowed: "yes — no", "bad — good". The final figure is the difference between positive and negative responses. Thus, the value above zero indicates a greater number of positive responses.
Release of this index should be watched, but as a rule it rarely affects markets.
- Release Frequency: monthly.
- Release Schedule: 09:00 GMT, the last week of the month.
- Source: European Commission, Directorate General for Economic and Financial Affairs.