Consumer sentiment worsened in August in the Eurozone and the EU as well
In August, instead of the expected improvement, consumer sentiment in the Eurozone worsened, according to Wednesday’s report based on preliminary data from the European Commission’s Directorate-General for Economic and Financial Affairs (DG EcFin).
In the euro area, the consumer sentiment index deteriorated from minus 15.1 points in July to minus 16.0 points, so it was still far from the long-term average. Analysts had previously expected August data of minus 14.3 points.
Last September, the indicator reached its historical low of minus 28.7 points. In the EU, the consumer sentiment index fell from minus 16.1 points to minus 17.0 points in August, also according to non-final data.The final numbers will be announced on August 30.
Related news
The EU adopted a recommendation on the introduction of a sustainability reporting standard for SMEs
The European Commission has adopted a recommendation to introduce a…
Read more >Choking hazard pacifiers and toxic raincoats: EU investigates flood of Temu and Shein products
Pacifiers that can cause choking, sunglasses without UV filters, cosmetics…
Read more >Inflation accelerated to 2 percent in the eurozone and 2.3 percent in the EU on an annual basi
Inflation in the euro area and the European Union accelerated…
Read more >Related news
The Hungarian Central Statistical Office (KSH) reported better-than-expected GDP data
In Q2 2025, Hungary’s GDP figures published by the HCSO…
Read more >Beer producers are hoping for a hot August
After nearly three percent growth last year, domestic beer consumption…
Read more >Gergely Gulyás: the government is expanding the support program for small-town grocery stores
The government is expanding the grocery store support program launched…
Read more >