The consumer sentiment in the European Union has deteriorated
Consumer sentiment in both the euro area and the EU as a whole worsened in June – according to the preliminary data released by the European Commission’s Directorate-General for Economic and Financial Affairs (DG EcFin) published on Thursday.
In the euro area, the indicator dropped by 0.7 points to minus 7.2 points. In the EU-28, the index also dropped by 0.7 points and stood at minus 6.9 points.
In the euro area, the average consumer confidence index was minus 10.04 points between 1985 and 2019. It reached its highest value in May 2000 with minus 1.40 points, and the record low was minus 23.90 points in March 2009. (MTI)
Related news
The interests of farmers must be placed at the center of the common agricultural policy
Farmers and farmers’ interests must once again be placed at…
Read more >Retail sales increased in the euro area and the European Union in May
Retail sales in the euro area and the European Union…
Read more >A criminal group dealing in fake and illegal plant protection products and fertilizers has been busted in Romania and Italy
A criminal group was involved in the illegal trade of…
Read more >Related news
VOSZ Barometer – 2024. II. quarter: mandatory optimism or real growth?
The perception of inflation is still present in domestic companies,…
Read more >Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >