See also
Film about the BCL's missions and tasks
Consumer Confidence Survey
31.07.2017
Consumer confidence stabilises in July 2017.
The Banque centrale du Luxembourg’s consumer confidence indicator has stabilised in July 2017.
The components of the indicator have evolved heterogeneously this month.
In July, households’ expectations about the general economic situation in Luxembourg have increased markedly, but their concerns about unemployment have also risen slightly. The component related to their capacity to save has declined somewhat and that related to their personal financial situation has remained stable. In total, the consumer confidence indicator, which is the arithmetic mean of the four components, has stabilised in July 2017[1].
The results are presented in the table below:
|
|
|
|
Expectations over the next 12 months |
|||
|
|
|
Consumer confidence indicator |
General economic situation in Luxembourg |
Unemployment in Luxembourg |
Financial situation of households |
Savings of households |
|
2015 |
juillet |
2 |
-12 |
23 |
-2 |
46 |
|
|
août |
1 |
-10 |
26 |
0 |
42 |
|
|
septembre |
0 |
-14 |
26 |
-2 |
41 |
|
|
octobre |
-1 |
-10 |
27 |
0 |
34 |
|
|
novembre |
3 |
-7 |
21 |
-1 |
39 |
|
|
décembre |
5 |
-6 |
13 |
-1 |
41 |
|
2016 |
janvier |
5 |
-3 |
11 |
0 |
35 |
|
|
février |
7 |
-5 |
11 |
1 |
45 |
|
|
mars |
9 |
-4 |
8 |
5 |
44 |
|
|
avril |
8 |
-4 |
3 |
3 |
34 |
|
|
mai |
8 |
-3 |
8 |
2 |
42 |
|
|
juin |
10 |
-3 |
7 |
2 |
46 |
|
|
juillet |
7 |
-3 |
11 |
1 |
41 |
|
|
août |
10 |
-4 |
5 |
5 |
45 |
|
|
septembre |
5 |
-5 |
10 |
1 |
35 |
|
|
octobre |
6 |
-3 |
10 |
7 |
31 |
|
|
novembre |
11 |
2 |
3 |
5 |
40 |
|
|
décembre |
14 |
4 |
3 |
5 |
50 |
|
2017 |
janvier |
10 |
1 |
6 |
4 |
41 |
|
|
février |
10 |
1 |
3 |
3 |
38 |
|
|
mars |
16 |
3 |
-4 |
8 |
49 |
|
|
avril |
15 |
6 |
-1 |
3 |
49 |
|
|
mai |
17 |
7 |
-8 |
2 |
49 |
|
|
juin |
13 |
3 |
0 |
3 |
47 |
|
|
juillet |
13 |
6 |
1 |
3 |
45 |
Note: The consumer confidence indicator results from the average of balances related to consumers’ expectations of (1) the general economic situation and (2) unemployment (inverted sign) in Luxembourg, of (3) their financial situation and (4) their future savings. Balances are constructed as the difference between the percentages of respondents giving positive and negative replies. In terms of unemployment, a positive reply means an unfavourable development in the labour market.
This survey is co-financed by the European Commission.
[1] The four components of the consumer confidence indicator are seasonally adjusted.
