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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
European UnionEurozone Consumer Confidence climbed to -19.0% in May 2026
FMPMonthlyReleased May 2026
Eurozone Consumer Confidence climbed to -19.0% in May 2026, up 1.6% from April's -20.6% reading. The reading matched the -19.0% consensus. The print is running well below the 12-month average of -14.96%. Over the past 3 months, Consumer Confidence averaged -20.07%, vs -12.78% in the prior 3-month window. The reading is in the 8th percentile of the trailing 24-month range.
Latest Release
-19
Actual
-19
Consensus
-20.6
Previous
Median Absolute Error
±0.52 percentage points
across last 12 releases
Last Call
May 2026
Predicted: -18.1
Actual: -19
Error: +0.9
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| Euro STOXX 50 | ▲ Direct | +0.54 | INDEX | Bullish Euro STOXX 50 | → View |
| FTSE 100 | ▲ Direct | +0.54 | INDEX | Bullish FTSE 100 | → View |
| EUR/CHF | ▼ Inverse | −0.37 | FOREX | Bearish EUR | → View |
| DAX | ▲ Direct | +0.35 | INDEX | Bullish DAX | → View |
| EUR/USD | ▲ Direct | +0.27 | FOREX | Bullish EUR | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Consumer Confidence (European Union) was reported at -19% in May 2026. This matched the market consensus of -19% exactly. The reading rose from the previous value of -20.6%. Trailing 12-month context per ETL data through May 2026. Over the past 12 months, the indicator has averaged -14.77%, ranging from -19% to -12.2% across 18 releases.
WHY IT MATTERS
The trailing three releases averaged -16.73%, down from the prior three at -12.57%. Volatility over the past year (σ 1.83%) is higher than the prior year (σ 1.09%). In May readings over the past 3 years, Consumer Confidence has averaged -16.17%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with Euro STOXX 50 (Bullish Euro STOXX 50). A secondary relationship exists with FTSE 100, positively correlated (Bullish FTSE 100). Over the last 12 releases, the Sigmacast model's median absolute error is 0.52%.
WHAT TO WATCH NEXT
The next release is scheduled for June 22, 2026. Same-country events in the next 14 days include ZEW Economic Sentiment Index (Jun 16) and Economic Sentiment (Jun 16).
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
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Consumer Confidence - EU
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About Consumer Confidence — European Union
DEFINITION
Index The Consumer Confidence Index is a widely recognized financial indicator that measures the level of optimism or pessimism among consumers regarding the state of the economy. It is based on surveys and data collected from a representative sample of households, and is used by economists and investors to gauge consumer spending patterns and overall economic health. A higher index value indicates a positive outlook, while a lower value suggests a more negative sentiment. This index is a valuable tool for businesses and policymakers in making informed decisions and predicting future economic trends.
WHY THIS INDICATOR MATTERS
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (May 2026): actual -19 %, consensus -19 %. Prior reading (May 2026): -19 %. Before that (Apr 2026): -20.6 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with Euro STOXX 50 (Bullish Euro STOXX 50, r=0.54) — a useful reference for index-focused traders.