In October
2014, after four months of decline, the DG ECFIN flash estimate of the
consumer confidence indicator increased slightly in the EU (by 0.6
points to -7.4) and remained broadly stable in the euro area (+0.3
points to -11.1) compared to September.
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.
