Market news
20.09.2019, 14:10

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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