Consumer confidence in the euro area and the EU deteriorated in August

By: Trademagazin editor Date: 2021. 08. 24. 11:05

Consumer confidence in the euro area and the European Union deteriorated in August, according to a preliminary flash estimate from the European Commission.

Consumer confidence has fallen in Europe

In the 19 countries of the eurozone, the consumer confidence index fell by 0.9 points to minus 5.3 points in August. Analysts expected a less deteriorating indicator, minus 5 points.
In the 27 Member States of the European Union, the value of the consumer confidence index fell by 0.7 points to minus 6.3 points in August. (MTI)