Consumer Opinion Surveys: Composite Consumer Confidence for Estonia
CSCICP02EEM460S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-35.60
Year-over-Year Change
22.76%
Date Range
10/1/1992 - 6/1/2025
Summary
The Consumer Opinion Surveys: Composite Consumer Confidence for Estonia measures Estonian consumers' overall confidence in the economy. It is a key indicator of consumer sentiment and a predictor of future economic activity.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Composite Consumer Confidence indicator aggregates several survey measures to provide a comprehensive assessment of Estonian consumer confidence. It is widely used by economists and policymakers to gauge household spending and economic conditions.
Methodology
The data is collected through monthly surveys of Estonian households by Eurostat.
Historical Context
This indicator helps inform monetary and fiscal policy decisions in Estonia.
Key Facts
- Estonia's consumer confidence hit a record low in 2020 during the COVID-19 pandemic.
- Consumer confidence in Estonia is a leading indicator of retail sales and GDP growth.
- Household spending accounts for over 50% of Estonia's GDP.
FAQs
Q: What does this economic trend measure?
A: The Composite Consumer Confidence for Estonia measures the overall confidence and sentiment of Estonian consumers towards the economy.
Q: Why is this trend relevant for users or analysts?
A: Consumer confidence is a key leading indicator of household spending and overall economic activity in Estonia.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of Estonian households conducted by Eurostat.
Q: How is this trend used in economic policy?
A: Policymakers in Estonia use this indicator to inform monetary and fiscal policies that impact consumer spending and the broader economy.
Q: Are there update delays or limitations?
A: The Composite Consumer Confidence data for Estonia is published monthly with minimal delays, providing timely insight into consumer sentiment.
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Citation
U.S. Federal Reserve, Consumer Opinion Surveys: Composite Consumer Confidence for Estonia (CSCICP02EEM460S), retrieved from FRED.