OECD consumer barometer

The OECD Consumer Barometer dataset shows countries’ consumer confidence evolution over the past six months. In this form, an OECD Consumer Barometer reading greater than 100 signals a boost in consumer confidence towards the future, indicating an attitude to spend more on major purchases in the coming year, complemented by a modest propensity to save. Conversely, values below 100 indicate a pessimistic approach towards future developments in the economy, valuing saving over consumption.

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Keywords: indicator, consumption