Austria Consumer Confidence April 2019

Austria

Austria: Consumer sentiment deteriorates in April

May 22, 2019

Consumer confidence dropped to minus 3 in April from minus 1 in March as the Consumer Confidence Index moved further south of the neutral zero-point mark that separates optimism from pessimism.

The drop in sentiment reflected less optimism regarding households’ financial situations in the next 12 months and a deterioration in consumers’ views on the general economic situation in the same period, which swung from optimism to pessimism. On the other hand, views regarding households’ financial situation in the past 12 months and the labor market in the next 12 months improved.

Austria Private Consumption Forecast


FocusEconomics Consensus Forecast panelists expect private consumption to expand 1.7% in 2019, which is unchanged from last month’s forecast. For 2020, panelists see private consumption rising 1.6%.


Author:, Economist

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Austria Consumer Confidence Chart


Austria Consumer Confidence April 2019

Note: Fessel-GfK Consumer Confidence Index. The 0-point threshold separates optimistic from pessimistic sentiment.
Source: Fessel-GfK.


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