- Eurozone consumer confidence worsens more than forecast in October
Notícias do Mercado
22 outubro 2020
Eurozone consumer confidence worsens more than forecast in October
The European Commission
(EC) said on Thursday its flash estimate showed the consumer confidence indicator for the Eurozone fell by 1.6 points to -15.5 in October from an
unrevised -13.9 in the previous month. That was the lowest reading since May.
Economists had
expected the index to decrease to -15.0.
Considering the
European Union (EU) as a whole, consumer sentiment also worsened by 1.6 points
to -16.5.
Given this
month’s declines, both indicators were well below their long-term averages of
-11.2 (Eurozone) and -10.6 (EU).
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