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E01 Consumer Confidence Index

The Consumer Confidence Index measures consumers’ level of optimism or pessimism regarding the current situation and future expectations with respect to their household finances, job market conditions and the country’s economy in general.

The purpose of the Index is to anticipate household spending intentions and private consumer behaviour based on consumers’ expectations about their future financial capacity and the country’s overall situation, as this directly influences households’ spending and saving decisions. A higher level of confidence indicates a greater willingness to spend, while lower confidence points to a tendency to save or rein in spending.

Based on a consumer survey conducted by the Centre for Sociological Research (CIS) as part of its Consumer Confidence Index statistics, Idescat compiles the Consumer Confidence Index and its components on an experimental basis for Catalonia.

As these are experimental statistics, the results published are provisional, may be subject to revision and improvement, and are not considered official statistics.