• Eurozone consumer confidence improves in September

Market news

20 September 2019

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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