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  1. European business cycle indicators
    3rd quarter (2023), How is inflation affecting consumer sentiment & behaviour? / authorised for publication by Reinhard Felke
    Contributor: Felke, Reinhard B. (HerausgeberIn)
    Published: 2024
    Publisher:  Publications Office of the European Union, Luxembourg

    How do consumers perceive prices and expect them to develop over the next 12 months? How do their expectations and actual HICP inflation affect consumer confidence, their savings and spending intentions? To throw light on these and some related... more

    Access:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
    Inter-library loan:
    No inter-library loan

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 424
    Inter-library loan:
    No inter-library loan

     

    How do consumers perceive prices and expect them to develop over the next 12 months? How do their expectations and actual HICP inflation affect consumer confidence, their savings and spending intentions? To throw light on these and some related questions, the analysis presented in this special takes a close look at the results of the harmonised EU-wide consumer survey up to September 2023. Overall, the partial recovery in consumer confidence since inflation started to come down has not yet translated into clear improvements in the assessments of households' balance sheet positions. This, compounded by increasing intentions to save by the most affluent consumers, suggests subdued growth in private consumption ahead. The recent deterioration in consumer confidence in August and September - if confirmed in the months ahead - could further dampen the prospects for household spending.

     
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    Source: Union catalogues
    Contributor: Felke, Reinhard B. (HerausgeberIn)
    Language: English
    Media type: Article (journal)
    Format: Online
    ISBN: 9789276616832
    Other identifier:
    Parent title: European business cycle indicators - Show all bands
    Series: Array ; 068 (October 2023)
    Subjects: euro area; macroeconomics; economic cycle; economic forecasting; economic policy; economic indicator; economic survey; inflation; selling price; investment; European Commission; consumer behaviour
    Scope: 1 Online-Ressource (circa 28 Seiten)