Consumer sentiment improved somewhat in March in the euro area

Consumer sentiment in the euro area improved modestly in March on the basis of a survey by the European Commission.

The DG ECFIN (Directorate General for Economic and Financial Affairs) survey found that the consumer sentiment index increased by 0.2 percentage points in the euro area to minus 7.2 points in March, from the previous month’s minus 7.4 points. The market also expected minus 7.2 points for March. (MTI)