This statistic shows the overall consumer financial situation over the last twelve months in the European Union (28 countries) from October 2020 to October 2021. The financial situation of consumers has deteriorated significantly between October 2020 and April 2021. During this time statistics show a deterioration of consumers financial situation by around ten or more percent. As of October 2021, the overall consumer financial situation was seven percent lower than in the previous year.
Change in financial situation of consumers over the last 12 months in the European Union (EU-27) from October 2020 to October 2021
Characteristic
Net balance of responses in percentage points of total answers*
* 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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Eurostat. (October 28, 2021). Change in financial situation of consumers over the last 12 months in the European Union (EU-27) from October 2020 to October 2021 [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/326710/financial-situation-of-consumers-over-last-months-eu-27/
Eurostat. "Change in financial situation of consumers over the last 12 months in the European Union (EU-27) from October 2020 to October 2021." Chart. October 28, 2021. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/326710/financial-situation-of-consumers-over-last-months-eu-27/
Eurostat. (2021). Change in financial situation of consumers over the last 12 months in the European Union (EU-27) from October 2020 to October 2021. Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/326710/financial-situation-of-consumers-over-last-months-eu-27/
Eurostat. "Change in Financial Situation of Consumers over The Last 12 Months in The European Union (Eu-27) from October 2020 to October 2021." Statista, Statista Inc., 28 Oct 2021, https://www.statista.com/statistics/326710/financial-situation-of-consumers-over-last-months-eu-27/
Eurostat, Change in financial situation of consumers over the last 12 months in the European Union (EU-27) from October 2020 to October 2021 Statista, https://www.statista.com/statistics/326710/financial-situation-of-consumers-over-last-months-eu-27/ (last visited November 03, 2024)
Change in financial situation of consumers over the last 12 months in the European Union (EU-27) from October 2020 to October 2021 [Graph], Eurostat, October 28, 2021. [Online]. Available: https://www.statista.com/statistics/326710/financial-situation-of-consumers-over-last-months-eu-27/
