In September 2014, the DG ECFIN
flash estimate of the consumer confidence indicator continued to decline
in both the EU (by 1.6 points to -8.0) and the euro area (by 1.4 points
to -11.4) compared to August.
Computation of Flash CCI
To compute the flash consumer
confidence indicator for the EU and euro area, DG ECFIN uses the data
available on the cut-off date. The estimation procedure combines
historical data with information from those Member States for which data
are available in the reference month. Experience has shown this
procedure to be statistically reliable.
Further information on the computation procedure can be found in the European Business Cycle Indicators of January 2010?
