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EU-27: monthly financial situation of consumers over the last 12 months 2019-2020

This statistic shows the overall consumer financial situation over the last twelve months in the European Union (28 countries) from October 2019 to July 2020. The financial situation of consumers has deteriorated significantly between February and July 2020. As of July 2020, the overall consumer financial situation was -9.6 percent on the previous year.

Change in financial situation of consumers over the last 12 months in the European Union-27 from October 2019 to July 2020

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Source

Release date

July 2020

Region

EU

Survey time period

October 2019 to July 2020

Number of respondents

41,000 respondents

Special properties

consumer households

Supplementary notes

* The data are published as a net balance i.e. the difference between positive and negative answers (in percentage points of total answers). Seasonally adjusted data.

The data published every month are derived from surveys conducted by national institutes in the Member States. The purpose of the Eurostat consumer survey is twofold: first, to collect information on households' spending and saving intentions, and second, to assess their perception of the factors influencing these decisions. The questions are organized around four topics: the households' financial situation, the general economic situation, savings and intentions with regard to major purchases. The consumer survey is entirely qualitative.

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