SECO Consumer Climate

MeasuresLevel of a composite index based on surveyed households;
Usual Effect'Actual' greater than 'Forecast' is good for currency;
FrequencyReleased monthly, excluding January, about 10 days after the month ends;
Next Release
FF NotesAbove 0.0 indicates optimism, below indicates pessimism. Source changed series calculation formula as of Nov 09. Source changed release frequency from quarterly to monthly as of Feb 2024;
Why Traders
Financial confidence is a leading indicator of consumer spending, which accounts for a majority of overall economic activity;
Derived ViaSurvey of about 3,600 households which asks respondents to rate the relative level of past and future economic conditions;
Acro ExpandState Secretariat for Economic Affairs (SECO);