Survey: European consumer sentiment during the coronavirus crisis

Europeans remain pessimistic about the economy, with 31 percent stating that they believe COVID-19 will have a long-lasting impact on the economy.

In Europe, the prevailing sentiment is uncertainty over how long the COVID-19 crisis will last and its impact on the economy. European consumers are looking for ways to save more and spend mindfully. As such, they expect to spend less on discretionary categories. More consumers in Europe are using grocery and restaurant delivery services as they continue to shift their spending to online channels. They remain cautious about out-of-home activities and have adopted in-home alternatives to them, some of which may stick post-crisis.

These exhibits are based on survey data collected in Europe from November 9–16, 2020. Check back for regular updates on European consumer sentiments, behaviors, income, spending, and expectations.

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