Consumer Opinion Surveys: Composite Consumer Confidence for Austria
CSCICP02ATM460S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-18.40
Year-over-Year Change
46.03%
Date Range
1/1/1977 - 6/1/2025
Summary
The Consumer Opinion Surveys: Composite Consumer Confidence for Austria measures the overall sentiment and expectations of Austrian consumers, a key indicator of economic health and consumer spending.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This monthly index tracks Austrian consumer attitudes on employment, their financial situation, and the general economic outlook. It is used by economists and policymakers to gauge consumer confidence and anticipate future consumer behavior.
Methodology
The data is collected through household surveys conducted by the European Commission.
Historical Context
Consumer confidence is a leading indicator that informs economic and monetary policy decisions.
Key Facts
- Austria's consumer confidence index uses a baseline of 100.
- The index reached a record high of 119.5 in July 2000.
- Consumer confidence fell sharply during the 2008-2009 financial crisis.
FAQs
Q: What does this economic trend measure?
A: This index measures the overall sentiment and expectations of Austrian consumers regarding their personal financial situation, the general economic outlook, and employment prospects.
Q: Why is this trend relevant for users or analysts?
A: Consumer confidence is a leading indicator of future consumer spending and economic activity, making it crucial for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the European Commission.
Q: How is this trend used in economic policy?
A: Consumer confidence is used by central banks and governments to inform monetary and fiscal policy decisions that aim to support economic growth and stability.
Q: Are there update delays or limitations?
A: The data is released monthly with no significant update delays, providing timely insights into Austrian consumer sentiment.
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Citation
U.S. Federal Reserve, Consumer Opinion Surveys: Composite Consumer Confidence for Austria (CSCICP02ATM460S), retrieved from FRED.