Directorate General for Economic and Financial Affairs (ECFIN). European Commission
This month’s special focus takes a closer look at the results of the consumer survey. In February, consumer confidence in the euro area took a dive after 10 months of uninterrupted improvement. Analysis of the results of the survey revealed that the euro area aggregate was strongly influenced by developments in Italy and Spain. Diverging trends among the four largest euro area countries emerged, but no significant differences across socioeconomic categories were found.