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- Eurozone consumer confidence improves in September
Eurozone consumer confidence improves in September
The European
Commission reported on Friday its flash estimate showed the consumer confidence
indicator for the Eurozone increased 0.6 points to -6.5 in September from the
previous month.
Economists had
expected the index to edge down to -7.0.
Considering the
European Union (EU) as a whole, consumer sentiment also dropped 0.6 points to
-6.4.
Given these
gains, both indicators remain on a broadly horizontal trajectory well above
their respective long-term averages of -10.7 (Eurozone) and -10.0 (EU), the
report said.
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