{
  "id": "macro_economics/consumer/eu_consumer_sentiment",
  "generated_at": "2026-07-16T11:20:18.357607+00:00",
  "last_refresh": "2026-07-13",
  "source": "Eurostat EI_BSCO_M consumer confidence; SECO Switzerland consumer sentiment; Finans Norge consumer confidence; OECD UK consumer confidence; Furnilytics population weights.",
  "source_description": "Monthly consumer confidence indicator by country, with a population-weighted Europe composite.",
  "table_id": "macro_economics/consumer/eu_consumer_sentiment",
  "meta": {
    "indicator_name": "Serbia Consumer Confidence",
    "indicator_description": "Monthly consumer confidence balance for Serbia, with furniture-market context for household sentiment, housing-linked demand and larger home-related purchases.",
    "title": "Serbia Consumer Confidence",
    "description": "Monthly consumer confidence indicator by country, with a population-weighted Europe composite.",
    "source": "Eurostat EI_BSCO_M consumer confidence; SECO Switzerland consumer sentiment; Finans Norge consumer confidence; OECD UK consumer confidence; Furnilytics population weights.",
    "source_description": "Monthly consumer confidence indicator by country, with a population-weighted Europe composite.",
    "visibility": "paid",
    "updated_at": "2026-07-13T08:15:56.779498Z",
    "last_refresh": "2026-07-13",
    "table_id": "macro_economics/consumer/eu_consumer_sentiment",
    "topic": "Macroeconomics",
    "subtopic": "Consumer sentiment",
    "geo": [
      "RS"
    ],
    "geo_included": [
      "RS"
    ],
    "page_slug": "serbia-consumer-confidence",
    "page_url": "/indicators/macroeconomics/consumer-sentiment/serbia-consumer-confidence/",
    "chart_type": "line",
    "series_type": "single",
    "frequency": "monthly",
    "units": "balance / index balance",
    "legend": false,
    "featured_topic": false,
    "featured_subtopic": false,
    "featured_rank_topic": null,
    "featured_rank_subtopic": null,
    "chart_title": "Serbia Consumer Sentiment",
    "y_axis_label": "Balance [PP]",
    "related_indicators": [
      {
        "title": "Serbia Furniture Market Hub",
        "url": "/market/serbia-furniture-market-hub/",
        "label": "Market hub"
      },
      {
        "title": "Serbia Furniture Consumer Market Size",
        "url": "/indicators/retail/market-size/serbia-furniture-consumer-market-size/",
        "label": "Market size"
      },
      {
        "title": "Serbia Furniture Retail Market Size",
        "url": "/indicators/retail/market-size/serbia-furniture-retail-turnover/",
        "label": "Retail"
      },
      {
        "title": "Serbia Housing Market Activity",
        "url": "/indicators/macroeconomics/housing/serbia-housing-market-activity/",
        "label": "Housing"
      },
      {
        "title": "Serbia Furniture Product Search Trend",
        "url": "/indicators/retail/online/serbia-furniture-products-search-trend/",
        "label": "Online"
      }
    ],
    "taxonomy_path": [
      "macroeconomics",
      "consumer-sentiment",
      "consumer-confidence"
    ],
    "taxonomy_labels": [
      "Macroeconomics",
      "Consumer sentiment",
      "Consumer confidence"
    ],
    "taxonomy_nodes": [
      {
        "id": "macroeconomics",
        "label": "Macroeconomics",
        "has_page": true,
        "sort_order": 30
      },
      {
        "id": "consumer-sentiment",
        "label": "Consumer sentiment",
        "has_page": true,
        "sort_order": 10
      },
      {
        "id": "consumer-confidence",
        "label": "Consumer confidence",
        "has_page": false,
        "sort_order": 10
      }
    ],
    "taxonomy_page_path": [
      "macroeconomics",
      "consumer-sentiment"
    ],
    "taxonomy_page_labels": [
      "Macroeconomics",
      "Consumer sentiment"
    ],
    "taxonomy_collection": "consumer-confidence",
    "taxonomy_collection_label": "Consumer confidence",
    "entity": {
      "type": "country",
      "geo": [
        "RS"
      ]
    },
    "methodology_url": "/about/methodology/consumer-confidence/",
    "methodology_label": "Consumer Confidence Methodology",
    "data_hash": "fcb4494f8d3c6ea856ea0736b0e0d74a95573d6f5a437941382bb8f2722e6679",
    "trend_summary": "The Serbia Consumer Sentiment chart shows distinct phases over time, with a peak at 14.9 in June 2020 and a trough at -19.4 in October 2022. The latest reading is -4.2, which is relatively moderate within the historical range. Recent momentum indicates a mixed trend, with a slight decline of 0.3 pp over the past three months, an increase of 0.4 pp over six months, and a decrease of 2.3 pp over the past year. Year-to-date, the sentiment has improved by 0.4 pp.",
    "trend_summary_generated_at": "2026-07-16T11:20:23.344793+00:00",
    "key_findings": [
      "Serbia's consumer sentiment remains negative at -4.2, indicating cautiousness in household spending on major purchases.",
      "The sentiment index is below its initial level, suggesting a softer long-term outlook for Serbian furniture demand.",
      "Recent sideways movement, with a 0.4 pp rise year-to-date, points to a fragile consumer backdrop."
    ],
    "key_findings_source": "ai_rewrite",
    "key_findings_generated_at": "2026-07-16T11:20:26.298375+00:00",
    "chart_alt_text": "Line chart for Serbia Consumer Sentiment in percentage points. The series runs from 2018-01-01 to 2026-06-01; the latest value is -4.2 percentage points. The peak is 14.9 percentage points in 2020-06-01."
  },
  "data": [
    {
      "date": "2018-01-01",
      "geo": "RS",
      "value": -0.4
    },
    {
      "date": "2018-02-01",
      "geo": "RS",
      "value": -1.0
    },
    {
      "date": "2018-03-01",
      "geo": "RS",
      "value": 1.4
    },
    {
      "date": "2018-04-01",
      "geo": "RS",
      "value": 2.3
    },
    {
      "date": "2018-05-01",
      "geo": "RS",
      "value": 0.4
    },
    {
      "date": "2018-06-01",
      "geo": "RS",
      "value": -0.5
    },
    {
      "date": "2018-07-01",
      "geo": "RS",
      "value": 0.0
    },
    {
      "date": "2018-08-01",
      "geo": "RS",
      "value": 2.9
    },
    {
      "date": "2018-09-01",
      "geo": "RS",
      "value": 4.4
    },
    {
      "date": "2018-10-01",
      "geo": "RS",
      "value": 1.5
    },
    {
      "date": "2018-11-01",
      "geo": "RS",
      "value": 0.9
    },
    {
      "date": "2018-12-01",
      "geo": "RS",
      "value": 3.4
    },
    {
      "date": "2019-01-01",
      "geo": "RS",
      "value": 6.0
    },
    {
      "date": "2019-02-01",
      "geo": "RS",
      "value": 5.5
    },
    {
      "date": "2019-03-01",
      "geo": "RS",
      "value": 4.4
    },
    {
      "date": "2019-04-01",
      "geo": "RS",
      "value": 6.1
    },
    {
      "date": "2019-05-01",
      "geo": "RS",
      "value": 6.4
    },
    {
      "date": "2019-06-01",
      "geo": "RS",
      "value": 4.6
    },
    {
      "date": "2019-07-01",
      "geo": "RS",
      "value": 6.3
    },
    {
      "date": "2019-08-01",
      "geo": "RS",
      "value": 8.6
    },
    {
      "date": "2019-09-01",
      "geo": "RS",
      "value": 8.4
    },
    {
      "date": "2019-10-01",
      "geo": "RS",
      "value": 7.6
    },
    {
      "date": "2019-11-01",
      "geo": "RS",
      "value": 8.4
    },
    {
      "date": "2019-12-01",
      "geo": "RS",
      "value": 7.0
    },
    {
      "date": "2020-01-01",
      "geo": "RS",
      "value": 11.1
    },
    {
      "date": "2020-02-01",
      "geo": "RS",
      "value": 9.3
    },
    {
      "date": "2020-03-01",
      "geo": "RS",
      "value": 11.6
    },
    {
      "date": "2020-04-01",
      "geo": "RS",
      "value": 2.5
    },
    {
      "date": "2020-05-01",
      "geo": "RS",
      "value": 9.1
    },
    {
      "date": "2020-06-01",
      "geo": "RS",
      "value": 14.9
    },
    {
      "date": "2020-07-01",
      "geo": "RS",
      "value": 3.2
    },
    {
      "date": "2020-08-01",
      "geo": "RS",
      "value": 3.0
    },
    {
      "date": "2020-09-01",
      "geo": "RS",
      "value": 6.2
    },
    {
      "date": "2020-10-01",
      "geo": "RS",
      "value": 6.2
    },
    {
      "date": "2020-11-01",
      "geo": "RS",
      "value": 3.4
    },
    {
      "date": "2020-12-01",
      "geo": "RS",
      "value": 0.6
    },
    {
      "date": "2021-01-01",
      "geo": "RS",
      "value": 3.2
    },
    {
      "date": "2021-02-01",
      "geo": "RS",
      "value": 6.3
    },
    {
      "date": "2021-03-01",
      "geo": "RS",
      "value": 2.9
    },
    {
      "date": "2021-04-01",
      "geo": "RS",
      "value": 3.1
    },
    {
      "date": "2021-05-01",
      "geo": "RS",
      "value": 6.3
    },
    {
      "date": "2021-06-01",
      "geo": "RS",
      "value": 7.7
    },
    {
      "date": "2021-07-01",
      "geo": "RS",
      "value": 6.1
    },
    {
      "date": "2021-08-01",
      "geo": "RS",
      "value": 7.9
    },
    {
      "date": "2021-09-01",
      "geo": "RS",
      "value": 6.3
    },
    {
      "date": "2021-10-01",
      "geo": "RS",
      "value": 2.0
    },
    {
      "date": "2021-11-01",
      "geo": "RS",
      "value": 2.7
    },
    {
      "date": "2021-12-01",
      "geo": "RS",
      "value": 1.9
    },
    {
      "date": "2022-01-01",
      "geo": "RS",
      "value": 3.6
    },
    {
      "date": "2022-02-01",
      "geo": "RS",
      "value": 3.4
    },
    {
      "date": "2022-03-01",
      "geo": "RS",
      "value": 0.0
    },
    {
      "date": "2022-04-01",
      "geo": "RS",
      "value": -0.7
    },
    {
      "date": "2022-05-01",
      "geo": "RS",
      "value": -6.8
    },
    {
      "date": "2022-06-01",
      "geo": "RS",
      "value": -10.5
    },
    {
      "date": "2022-07-01",
      "geo": "RS",
      "value": -10.8
    },
    {
      "date": "2022-08-01",
      "geo": "RS",
      "value": -10.4
    },
    {
      "date": "2022-09-01",
      "geo": "RS",
      "value": -15.7
    },
    {
      "date": "2022-10-01",
      "geo": "RS",
      "value": -19.4
    },
    {
      "date": "2022-11-01",
      "geo": "RS",
      "value": -17.1
    },
    {
      "date": "2022-12-01",
      "geo": "RS",
      "value": -15.1
    },
    {
      "date": "2023-01-01",
      "geo": "RS",
      "value": -10.3
    },
    {
      "date": "2023-02-01",
      "geo": "RS",
      "value": -8.3
    },
    {
      "date": "2023-03-01",
      "geo": "RS",
      "value": -6.5
    },
    {
      "date": "2023-04-01",
      "geo": "RS",
      "value": -8.4
    },
    {
      "date": "2023-05-01",
      "geo": "RS",
      "value": -7.4
    },
    {
      "date": "2023-06-01",
      "geo": "RS",
      "value": -3.8
    },
    {
      "date": "2023-07-01",
      "geo": "RS",
      "value": -6.5
    },
    {
      "date": "2023-08-01",
      "geo": "RS",
      "value": -6.3
    },
    {
      "date": "2023-09-01",
      "geo": "RS",
      "value": -3.7
    },
    {
      "date": "2023-10-01",
      "geo": "RS",
      "value": -6.5
    },
    {
      "date": "2023-11-01",
      "geo": "RS",
      "value": -2.4
    },
    {
      "date": "2023-12-01",
      "geo": "RS",
      "value": 1.8
    },
    {
      "date": "2024-01-01",
      "geo": "RS",
      "value": 1.8
    },
    {
      "date": "2024-02-01",
      "geo": "RS",
      "value": -1.1
    },
    {
      "date": "2024-03-01",
      "geo": "RS",
      "value": 1.9
    },
    {
      "date": "2024-04-01",
      "geo": "RS",
      "value": 1.2
    },
    {
      "date": "2024-05-01",
      "geo": "RS",
      "value": 2.6
    },
    {
      "date": "2024-06-01",
      "geo": "RS",
      "value": 4.0
    },
    {
      "date": "2024-07-01",
      "geo": "RS",
      "value": 0.6
    },
    {
      "date": "2024-08-01",
      "geo": "RS",
      "value": 2.3
    },
    {
      "date": "2024-09-01",
      "geo": "RS",
      "value": 2.2
    },
    {
      "date": "2024-10-01",
      "geo": "RS",
      "value": 0.4
    },
    {
      "date": "2024-11-01",
      "geo": "RS",
      "value": -1.5
    },
    {
      "date": "2024-12-01",
      "geo": "RS",
      "value": -2.5
    },
    {
      "date": "2025-01-01",
      "geo": "RS",
      "value": -0.6
    },
    {
      "date": "2025-02-01",
      "geo": "RS",
      "value": -3.8
    },
    {
      "date": "2025-03-01",
      "geo": "RS",
      "value": -2.6
    },
    {
      "date": "2025-04-01",
      "geo": "RS",
      "value": -3.3
    },
    {
      "date": "2025-05-01",
      "geo": "RS",
      "value": -4.8
    },
    {
      "date": "2025-06-01",
      "geo": "RS",
      "value": -3.0
    },
    {
      "date": "2025-07-01",
      "geo": "RS",
      "value": -6.7
    },
    {
      "date": "2025-08-01",
      "geo": "RS",
      "value": -5.2
    },
    {
      "date": "2025-09-01",
      "geo": "RS",
      "value": -3.9
    },
    {
      "date": "2025-10-01",
      "geo": "RS",
      "value": -4.9
    },
    {
      "date": "2025-11-01",
      "geo": "RS",
      "value": -2.4
    },
    {
      "date": "2025-12-01",
      "geo": "RS",
      "value": -6.2
    },
    {
      "date": "2026-01-01",
      "geo": "RS",
      "value": 3.1
    },
    {
      "date": "2026-02-01",
      "geo": "RS",
      "value": -2.4
    },
    {
      "date": "2026-03-01",
      "geo": "RS",
      "value": -4.1
    },
    {
      "date": "2026-04-01",
      "geo": "RS",
      "value": -3.4
    },
    {
      "date": "2026-05-01",
      "geo": "RS",
      "value": -4.5
    },
    {
      "date": "2026-06-01",
      "geo": "RS",
      "value": -4.2
    }
  ]
}