Composite Leading Indicators: Composite Consumer Confidence Amplitude Adjusted for Euro Area (19 Countries)
CSCICP03EZM665S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
98.57
Year-over-Year Change
1.44%
Date Range
1/1/1973 - 1/1/2024
Summary
The Composite Leading Indicators: Composite Consumer Confidence Amplitude Adjusted for Euro Area (19 Countries) is an economic index that tracks consumer sentiment in the Eurozone, providing insights into future economic activity 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 leading indicator synthesizes various survey data to measure consumer confidence levels in the Eurozone. It is used by economists and policymakers to anticipate changes in economic conditions and consumer behavior across the Eurozone.
Methodology
The data is collected through consumer surveys and then aggregated into a composite index.
Historical Context
This indicator is closely watched by the European Central Bank and other institutions to guide economic policy decisions.
Key Facts
- The index is seasonally adjusted.
- It has a base year of 2015 = 100.
- Historically, the index has ranged from 97.9 to 108.4.
FAQs
Q: What does this economic trend measure?
A: This index measures consumer confidence in the Eurozone, synthesizing survey data on consumer attitudes and expectations.
Q: Why is this trend relevant for users or analysts?
A: The Composite Leading Indicators: Composite Consumer Confidence Amplitude Adjusted for Euro Area is a key leading indicator used by economists and policymakers to anticipate changes in Eurozone economic conditions and consumer spending.
Q: How is this data collected or calculated?
A: The data is collected through consumer surveys and then aggregated into a composite index.
Q: How is this trend used in economic policy?
A: This indicator is closely monitored by the European Central Bank and other institutions to guide economic policy decisions in the Eurozone.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with no significant delays, providing timely insights into Eurozone consumer confidence.
Related Trends
Consumer Price Index: Harmonised Prices: All Items Less Food, Energy, Tobacco, Alcohol: Total for the Euro Area (19 Countries)
CPHPLA01EZM661N
Harmonized Index of Consumer Prices: Equipment for the Reception, Recording and Reproduction of Sound and Picture for Kosovo
CP0911MI15XKM086NEST
Balance of Payments BPM6: Financial Account: Other Investment: Other Investment Net Acquisition of Financial Assets for the Euro Area (19 Countries)
EA19B6FAOI02CXCUQ
Leading Indicators OECD: Reference Series: Gross Domestic Product (GDP): Trend for the Euro Area (19 Countries)
EA19LORSGPTDSTSAM
Business Tendency Surveys: Employment: Economic Activity: Services: Future Tendency for Euro Area (19 Countries)
BVEMFT02EZM460S
Harmonized Index of Consumer Prices: Personal Care for Montenegro
CP121MI15MEM086NEST
Citation
U.S. Federal Reserve, Composite Leading Indicators: Composite Consumer Confidence Amplitude Adjusted for Euro Area (19 Countries) (CSCICP03EZM665S), retrieved from FRED.