Austria Consumer Confidence

Consumer confidence in Austria decreased to 6 in February of 2017 from 8 in the previous month. Savings propensity for the next twelve months decreased (18 from 21) and households expectations about their own financial situation deteriorated (4 from 5). In addition, consumers were less confident that now is the right moment to make major purchases (18 from 21) while fears of a rise in unemployment was seen less likely (-28 from -40). Consumer Confidence in Austria averaged -6.78 from 1996 until 2017, reaching an all time high of 33 in June of 2007 and a record low of -56 in January of 2009.

Austria Consumer Confidence

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In Austria, the consumer confidence barometer measures the level of optimism that consumers have about the performance of the economy in the next 12 months. Generally consumer confidence is high when the unemployment rate is low and GDP growth is high. Measures of average consumer confidence can be useful indicators of how much consumers are likely to spend. This page provides the latest reported value for – Austria Consumer Confidence – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Austria Consumer Confidence – actual data, historical chart and calendar of releases – was last updated on March of 2017.