The European Commission (EC) reported on Wednesday its flash estimate showed the consumer confidence indicator for the Eurozone rose by 1.3 points to -4.0 in September from an unrevised -5.3 in the previous month. This was the highest reading since June.

Economists had expected the index to decrease to -5.8.

Considering the European Union (EU) as a whole, consumer sentiment improved by 1.1 points to -5.2.

Given this month’s gains, both indicators remained above their pre-pandemic levels