{
  "id": "macro_economics/consumer/eu_consumer_sentiment",
  "generated_at": "2026-07-05T18:55:02.025446+00:00",
  "last_refresh": "2026-06-29",
  "source": "Eurostat table EI_BSCO_M indicator BS-CSMCI monthly not season adjusted",
  "source_description": "Monthly consumer confidence indicator (balance) by country and aggregate.",
  "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": "EU consumer confidence",
    "description": "Monthly consumer confidence indicator (balance) by country and aggregate.",
    "source": "Eurostat table EI_BSCO_M indicator BS-CSMCI monthly not season adjusted",
    "source_description": "Monthly consumer confidence indicator (balance) by country and aggregate.",
    "visibility": "paid",
    "updated_at": "2026-06-29T06:34:46.776687Z",
    "last_refresh": "2026-06-29",
    "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 (pp)",
    "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 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": "edb25cb4f336f7b372d35f9dd7485ae43e728adbef6e587a5379605a49d3b11b",
    "trend_summary": "In May 2026, the indicator reached -4.5 percentage points, compared with -0.4 percentage points in January 2018. The latest month changed by -1.1 percentage points from April 2026, while the full-period change was -4.1 percentage points. Across the available history, the range runs from -19.4 in October 2022 to 14.9 in June 2020. The latest observation sits between the period low and high, so it should be read against both the October 2022 trough and the June 2020 peak.",
    "trend_summary_generated_at": "2026-07-05T18:55:31.936407+00:00",
    "trend_summary_source": "fallback",
    "key_findings": [
      "Serbia's consumer sentiment remains negative at -4.5 percentage points in May 2026, indicating ongoing caution for larger household purchases.",
      "The indicator is still below its initial level, suggesting a softer long-term sentiment compared to the series start.",
      "The latest drop of -1.1 percentage points from April 2026 adds context to the fragile consumer backdrop for furniture demand."
    ],
    "key_findings_source": "ai_rewrite",
    "key_findings_generated_at": "2026-07-05T18:55:34.790797+00:00",
    "chart_alt_text": "Line chart for Serbia Consumer Sentiment in percentage points. The series runs from 2018-01-01 to 2026-05-01; the latest value is -4.5 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
    }
  ]
}