In June 2022, the DG ECFIN flash estimate1 of the consumer confidence indicator2 decreased in both the EU (1.9 points down from May) and the euro area (2.4 points down). 3 At -24.0 (EU) and -23.6 (euro area) points, consumer confidence fell further below its long-term average of -10.6 (EU) and -11.0 (euro area), and closer to the record low recorded in April 2020, at the beginning of the COVID-19 pandemic. This month's Flash CCI for the EU aggregate is computed on the basis of consumer survey data from 26 EU countries, covering 98% of the total private final consumption expenditure. For the euro-area indicator, all ... (full story)