Consumer confidence hardly changed in September
At -5, the consumer confidence indicator in September is positioned above its long-term average over the past two decades (-8). The indicator reached an all-time high (36) in January 2000 and an all-time low (-41) in March 2013.
Consumer confidence, seasonally adjusted Year Month balance (average of the component questions) 2017 October 23 2017 November 22 2017 December 25 2018 January 24 2018 February 23 2018 March 24 2018 April 25 2018 May 23 2018 June 23 2018 July 23 2018 August 21 2018 September 18 2018 October 15 2018 November 13 2018 December 9 2019 January 1 2019 February -2 2019 March -3 2019 April -3 2019 May -3 2019 June -1 2019 July 1 2019 August -1 2019 September -2 2019 October -1 2019 November -2 2019 December -2 2020 January -2 2020 February -2 2020 March -3 2020 April -23 2020 May -31 2020 June -27 2020 July -26 2020 August -29 2020 September -28 2020 October -30 2020 November -26 2020 December -20 2021 January -19 2021 February -19 2021 March -18 2021 April -14 2021 May -9 2021 June -3 2021 July -4 2021 August -6 2021 September -5
Year | Month | balance (average of the component questions) |
---|---|---|
2017 | October | 23 |
2017 | November | 22 |
2017 | December | 25 |
2018 | January | 24 |
2018 | February | 23 |
2018 | March | 24 |
2018 | April | 25 |
2018 | May | 23 |
2018 | June | 23 |
2018 | July | 23 |
2018 | August | 21 |
2018 | September | 18 |
2018 | October | 15 |
2018 | November | 13 |
2018 | December | 9 |
2019 | January | 1 |
2019 | February | -2 |
2019 | March | -3 |
2019 | April | -3 |
2019 | May | -3 |
2019 | June | -1 |
2019 | July | 1 |
2019 | August | -1 |
2019 | September | -2 |
2019 | October | -1 |
2019 | November | -2 |
2019 | December | -2 |
2020 | January | -2 |
2020 | February | -2 |
2020 | March | -3 |
2020 | April | -23 |
2020 | May | -31 |
2020 | June | -27 |
2020 | July | -26 |
2020 | August | -29 |
2020 | September | -28 |
2020 | October | -30 |
2020 | November | -26 |
2020 | December | -20 |
2021 | January | -19 |
2021 | February | -19 |
2021 | March | -18 |
2021 | April | -14 |
2021 | May | -9 |
2021 | June | -3 |
2021 | July | -4 |
2021 | August | -6 |
2021 | September | -5 |
Consumers less negative about the economy
Consumers’ sentiment about the economic climate is less negative than in August. This component indicator stands at -8, up from -11. Consumers are less negative about the economic situation over the past twelve months, but slightly less positive about the next twelve months.
Willingness to buy slightly lower
Consumers’ willingness to buy stands at -3, down from -2 in August. Consumers are more negative about their financial situation over the past twelve months. Opinions on their financial position in the coming twelve months and on making large purchases has not changed.
Consumers more optimistic about future unemployment
In September, consumers are more positive about future unemployment than in the previous month. Around 48 percent expect unemployment to fall in the next twelve months, while 22 percent anticipate an increase. The balance of positive and negative answers stands at 26, the highest level in over two years.
Year | Month | balance (balance % positive and % negative answers) |
---|---|---|
2017 | October | 49 |
2017 | November | 45 |
2017 | December | 50 |
2018 | January | 53 |
2018 | February | 51 |
2018 | March | 52 |
2018 | April | 52 |
2018 | May | 45 |
2018 | June | 49 |
2018 | July | 46 |
2018 | August | 46 |
2018 | September | 46 |
2018 | October | 36 |
2018 | November | 38 |
2018 | December | 28 |
2019 | January | 25 |
2019 | February | 25 |
2019 | March | 25 |
2019 | April | 21 |
2019 | May | 28 |
2019 | June | 29 |
2019 | July | 23 |
2019 | August | 11 |
2019 | September | 12 |
2019 | October | 5 |
2019 | November | -11 |
2019 | December | -13 |
2020 | January | -6 |
2020 | February | 0 |
2020 | March | -14 |
2020 | April | -78 |
2020 | May | -81 |
2020 | June | -76 |
2020 | July | -79 |
2020 | August | -83 |
2020 | September | -77 |
2020 | October | -87 |
2020 | November | -79 |
2020 | December | -69 |
2021 | January | -61 |
2021 | February | -59 |
2021 | March | -51 |
2021 | April | -38 |
2021 | May | -14 |
2021 | June | 13 |
2021 | July | 14 |
2021 | August | 14 |
2021 | September | 26 |
More and more consumers classify price increases as sharp
In September, 43 percent of consumers classified the price increases in the past year as sharp. This is the highest percentage since the beginning of the time series in 2017.
Sources
Related items
- Dossier - Business cycle