Economic Indicators

Consumer confidence in Europe at a minimum

2022.11.22 11:04

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Consumer confidence in Europe at a minimum

Budrigannews.com – New data released on Tuesday show that consumer sentiment in the Eurozone rose more than anticipated in November.

The flash estimate from the EU Commission for the currency bloc increased from -26.3 in October to -22.7 during the month.The number was expected to be -25.1 by economists.

Despite the gauge remaining at “very low” levels, the EU Commission stated in a statement that it is the highest mark since August.

Consumer confidence rose to -24.7 in the entire European Union by 2.7 points.

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Consumer confidence in Europe at a minimum

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