
Euro-zone Household Consumption reports the mean expenditure on individual consumption goods and services per household per year. The figure is reported in the annualized percent change. Increases in Household Consumption are suggestive of increases in economic growth and of higher levels of consumer optimism, both positive indicators for the economy. However, unrestrained growth can result in inflationary pressures. Thus this report can be used as a leading indicator for inflationary pressures.
Relevance:
Rarely affects markets
Release schedule : 9:00 (GMT); quarter, three months after the quarter, first week of the month.
Source of report : Eurostat
Web Address : http://ec.europa.eu/eurostat
Address of release : http://ec.europa.eu/comm/eurostat
Refer Long-term indicators > Population and Social Conditions > Living Conditions and Welfare > Consumption Expenditure of Private Households
AKA: Household Spending
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