At -4, the consumer confidence indicator in July stands above the 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.
Consumers less negative about the economy
Consumers’ sentiment about the general economic situation is less negative compared to June. This component indicator stands at -10, up from -12. Consumers are less negative about the economic situation over the past twelve months, but less positive about the economic situation in the next twelve months.
Willingness to buy deteriorated
Consumers’ willingness to buy stands at 0, down from 3 in June. Consumers’ opinions about their financial situation for the next twelve months and over the past twelve months have deteriorated. Furthermore, they find the time for large purchases more unfavourable compared to June.