In November 2016, the DG ECFIN flash estimate of the consumer confidence indicator increased sharply in the euro area (by 1.9 points to -6.1) and, to a lesser extent, in the EU (by 0.7 points to -5.8) compared to October.

Economic Sentiment increases strongly in both the euro area and the EU.

In October, the Economic Sentiment Indicator (ESI) increased by 1.4 points in both the euro area (to 106.3) and the EU (to 106.9).