- Eurozone consumer confidence improves slightly more than forecast in February
Market news
18 February 2021
Eurozone consumer confidence improves slightly more than forecast in February
The European
Commission (EC) said on Thursday its flash estimate showed the consumer
confidence indicator for the Eurozone rose by 0.7 points to -14.8 in February from
an unrevised -15.5 in the previous month.
Economists had
expected the index to increase to -15.0.
Considering the
European Union (EU) as a whole, consumer sentiment improved by 0.8 points to -15.7.
Despite this
month’s gains, both indicators stood well below their long-term averages of
-11.1 (Eurozone) and -10.6 (EU).
Market Focus
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