• Eurozone consumer confidence improves slightly less than forecast in June

Market news

22 June 2021

Eurozone consumer confidence improves slightly less than forecast in June

The European Commission (EC) reported on Tuesday its flash estimate showed the consumer confidence indicator for the Eurozone rose by 1.8 points to -3.3 in June from an unrevised -5.1 in the previous month. This was the highest reading since January 2018.

Economists had expected the index to increase to -3.0.

Considering the European Union (EU) as a whole, consumer sentiment also improved by 1.5 points to -4.5.

Given this month’s gains, both indicators are now well above their pre-pandemic levels. 

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