Deterioration in consumer sentiment in the euro area and the EU as well
The mood among consumers in the Euro Area decreased by 0.6 points to -7.7 in October from -7.1 in September of 2015, missing market expectations of -7.35 and reaching the lowest level since January this year.
Meanwhile, consumer confidence in the European Union remained broadly stable edging down by 0.2 points to -5.7 compared to -5.5 in the previous month. Consumer Confidence in the Euro Area averaged -12.45 from 1985 until 2015, reaching an all time high of 2.40 in May of 2000 and a record low of -34.30 in March of 2009. Consumer Confidence in the Euro Area is reported by the European Commission. (MTI)
Related news
EU Commissioner: European Commission’s agriculture and food roadmap guarantees EU food security
The agriculture and food roadmap adopted by the European Commission…
Read more >Sándor Farkas: area-based support should remain in the seven-year EU budget after 2028
Hungary would like both the currently valid area-based support and…
Read more >January was surprisingly good for retail
Compared to the weak end of the year, retail sales…
Read more >Related news
OKSZ: margin is not profit!
The international food retailer member companies of the National Trade…
Read more >Viktor Orbán on Kossuth Radio: traders cannot add more than 10 percent to the purchase price
Traders cannot add more than 10 percent to the purchase…
Read more >GKI Analysis: Why are food prices constantly rising?
In recent times, the rise in the prices of basic…
Read more >