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Teresa Hütten
- 13 July 2026
- THE ECB BLOGChinese e-commerce platforms have become increasingly popular in the euro area. An ECB survey shows that shoppers are attracted by low prices and a wide product range. However, concerns about quality, trust and environmental consequences deter non-users.Details
- JEL Code
- F10 : International Economics→Trade→General
F40 : International Economics→Macroeconomic Aspects of International Trade and Finance→General
L81 : Industrial Organization→Industry Studies: Services→Retail and Wholesale Trade, e-Commerce
- 19 February 2026
- ECONOMIC BULLETIN - BOXEconomic Bulletin Issue 1, 2026Details
- Abstract
- This box examines how economic uncertainty influences the consumption and saving behaviour of euro area households, drawing on recent insights from the ECB’s Consumer Expectations Survey (CES). Both the CES and the European Commission’s consumer survey point to similar trends in uncertainty over time. These show that while below its 2022-23 peak, uncertainty is still higher than the trough seen in mid-2021. Additional CES questions on the predictability of households’ financial situations reveal that respondents experiencing higher uncertainty spend less on durables and non-durables, while they save more, in line with a textbook precautionary saving motive. These findings underline the relevance of economic uncertainty in understanding current aggregate consumption and saving decisions in the euro area.
- JEL Code
- E21 : Macroeconomics and Monetary Economics→Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy→Consumption, Saving, Wealth
D81 : Microeconomics→Information, Knowledge, and Uncertainty→Criteria for Decision-Making under Risk and Uncertainty