In February, consumer sentiment in the euro area reached a one-year high
As expected, consumer sentiment in the euro zone improved to a 12-month high in February, according to Monday’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 February value of the consumer sentiment index improved from minus 20.7 points in January to minus 19 points, which is the highest since minus 9.4 points in February last year.
The February value of the sentiment index was still far from the long-term average of minus eleven points.
In the EU, the consumer sentiment index strengthened by 1.5 points, to minus 20.6 points in February.
Related news
The government supports the tourism sector with a new tool
Tourism is a sector of strategic importance for the Hungarian…
Read more >The GKI business climate index decreased in May
According to a survey conducted by GKI Economic Research Co.…
Read more >Márton Nagy: in the long term, we must return to investment-based economic growth
In the long term, we must return to investment-based economic…
Read more >Related news
Viktor Orbán: we will introduce margin reduction for new products as well, if necessary
The margin regulation must be maintained because people must be…
Read more >Healthy meat products rich in fiber and protein have been developed in Debrecen
A new product line consisting of health-promoting, fiber- and protein-rich…
Read more >German retail sales fell month-on-month in April
In Germany, retail sales fell by 1.1 percent in real…
Read more >