Consumer sentiment in the euro area improved in December

By: Trademagazin Date: 2022. 12. 20. 11:30

Although less than expected, consumer sentiment improved in December in the euro area and the European Union based on the results of the survey published on Tuesday by the European Commission’s Directorate-General for Economic and Financial Affairs (DG ECFIN).

Customer expectations have also risen

Based on the preliminary data, the consumer confidence index of the euro area in the DG ECFIN survey for December rose by minus 1.7 points to 22.2 points from minus 23.9 points in November. The market expected minus 22.0 points for December.

The indicator reached its historical low in September at minus 28.7 points.

MTI