- Eurozone consumer confidence worsens more than forecast in January
Market news
21 January 2021
Eurozone consumer confidence worsens more than forecast in January
The European Commission (EC) said on Thursday its flash estimate showed the consumer confidence indicator for the Eurozone fell by 1.7 points to -15.5 in January from a revised -13.8 in the previous month (originally -13.9).
Economists had expected the index to decrease to -15.0.
Considering the
European Union (EU) as a whole, consumer sentiment deteriorated by 1.6 points
to -16.5.
Given this
month’s declines, both indicators stood well below their long-term averages of
-11.0 (Eurozone) and -10.6 (EU).
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