This index measures the overall confidence of consumers in the economic prospects of the European Union.
Releases at
11:00
Thursday, October 29, 2026 at 11:00
Consumer confidence reflects how optimistic or pessimistic consumers feel about their financial situation and the economy, influencing their spending and saving behavior.
Central banks and investors watch this indicator as a gauge of future consumer spending, which drives a large part of economic growth.
Changes in consumer confidence can signal shifts in economic momentum, affecting market sentiment and monetary policy expectations.
Suggests stronger consumer spending ahead, potentially boosting economic growth and supporting the euro.
Indicates weaker consumer spending prospects, which may weigh on growth and pressure the euro.
Likely to have a neutral effect on markets as it confirms current economic outlooks.