Euro area Consumer Confidence Indicator improves to -16.1 in June vs. -17 expected

Market news

22 June 2023

Euro area Consumer Confidence Indicator improves to -16.1 in June vs. -17 expected

Eurozone Consumer Confidence Indicator rose to -16.1 in June.
EUR/USD continues to fluctuate below 1.1000 after the data.

Consumer sentiment in the Euro area improved modestly in June with the Consumer Confidence Indicator edging higher to -16.1 from -17.4 in May, the European Commission reported on Thursday. This reading came in better than the market expectation of -17.

For the EU, the Consumer Confidence Indicator rose by 1.1 percentage point to -17.2.

Market reaction

EUR/USD inched higher with the initial reaction to this report and was last seen trading virtually unchanged on the day at 1.0990.

Currencies. Daily history for Thursday, June 22, 2023

Commodities. Daily history for Wednesday, June 21, 2023

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