Consumer confidence across multiple European countries decreased significantly in April 2020, the first full month of COVID-19 measures on the continent. In almost all countries, consumers revealed a pessimism that was close to figures seen in 2008, shortly after the fall of Lehman Brothers. Interestingly for some countries, however, pessimism was not as present. In Belgium and the Netherlands, for example, confidence was lower in 2013 than in either 2008 or 2020.
Consumer confidence in selected countries in Europe from January 2005 to August 2020
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European Commission. (August 28, 2020). Consumer confidence in selected countries in Europe from January 2005 to August 2020 [Graph]. In Statista. Retrieved January 28, 2021, from https://www.statista.com/statistics/1173400/consumer-confidence-in-europe-per-month/
European Commission. "Consumer confidence in selected countries in Europe from January 2005 to August 2020." Chart. August 28, 2020. Statista. Accessed January 28, 2021. https://www.statista.com/statistics/1173400/consumer-confidence-in-europe-per-month/
European Commission. (2020). Consumer confidence in selected countries in Europe from January 2005 to August 2020. Statista. Statista Inc.. Accessed: January 28, 2021. https://www.statista.com/statistics/1173400/consumer-confidence-in-europe-per-month/
European Commission. "Consumer Confidence in Selected Countries in Europe from January 2005 to August 2020." Statista, Statista Inc., 28 Aug 2020, https://www.statista.com/statistics/1173400/consumer-confidence-in-europe-per-month/
European Commission, Consumer confidence in selected countries in Europe from January 2005 to August 2020 Statista, https://www.statista.com/statistics/1173400/consumer-confidence-in-europe-per-month/ (last visited January 28, 2021)