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

Consumer confidence in Europe has deteriorated

On Wednesday, the European Commission announced as preliminary data that the value of the consumer confidence index in the 19-country eurozone dropped by 3.2 points to minus 27 points in July, which is the lowest level since the data was processed. Analysts calculated that the indicator would deteriorate less, to minus 24.9 points. (MTI)