In November 2019, the DG ECFIN flash estimate1 of the consumer confidence indicator2 edged up in both the euro area (by 0.4 points) and the EU (by 0.6 points). At −7.2 points (euro area) and −6.7 points (EU), both indicators remain on a broadly horizontal trajectory well above their long-term averages of −10.6 (euro area) and −9.9 (EU). (full story)