• Eurozone Final Consumer Confidence improves to -27.6 in October, meets estimates

Market news

28 October 2022

Eurozone Final Consumer Confidence improves to -27.6 in October, meets estimates

Eurozone's Final Consumer Confidence Index came in at -27.6 in October vs. -28.8 recorded previously, according to the latest data release from the European Commission. The data m the market expectations of -27.6.

Meanwhile, the bloc’s Economic Sentiment Indicator for October dropped to 92.5 vs. 92.5 expected and 93.6 previous.

Sentiment in the industry worsened to -1.2 points from -0.3 in October and for services, the economy's biggest sector, to 1.8 from 4.4 n September.

Market reaction

EUR/USD is keeping its range around 0.9950, paying little heed to the mixed Eurozone sentiment data. The pair is shedding 0.10% on the day, at the press time.  

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