In May 2024, DG ECFIN’s flash estimate of the consumer confidence indicator picked up, by 0.5 percentage points (pps.) in the EU and 0.4 pps. in the euro area. At -13.2 (EU) and -14.3 (euro area) points, consumer confidence still remains below the long-term average. This month's Flash CCI for the EU aggregate is computed on the basis of consumer survey data from 26 EU countries (all except Ireland), covering 98,5% (EU) and 98,2% (euro area) of total private final consumption expenditure. The consumer confidence indicator builds on replies to selected questions addressed to consumers according to the Joint Harmonised ... (full story)