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Economic Calendar Terms

Consumer confidence

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The overall consumer confidence indicator is the arithmetic average of the following five indicators: past personal finances, future personal finances, past living standards, future living standards and good time to spend. This seasonally adjusted series of the summary indicator is obtained by a seasonal adjustment of the raw series, not by averaging the five seasonally- adjusted basic series. A positive figure shows the percentage points by which the percentage of respondents saying things had improved or risen outnumbered the percentage saying things had worsened or fallen.