Consumer confidence in the euro area has reached its sixteen-year peak in September
Instead of the expected stagnation, consumer confidence in the euro area has reached its sixteen-year peak in September, according to a preliminary estimate published by the European Commission on Thursday.
The consumer confidence index rose by 0.3 points to minus 1.2 in the 19 countries of the zone. Analysts expected a stagnation after the minus 1.5 points in August. The data for the September rapid estimate is the best since April 2001, when the indicator was minus 1 point. (MTI)
Related news
Eurozone inflation rises to six-month high in January
Eurozone inflation rose to a six-month high of 2.5 percent…
Read more >Inflation in the euro area accelerated slightly in January
Inflation accelerated in January, instead of the expected stagnation, and…
Read more >Eurozone inflation rises to highest level since July in December
The eurozone inflation rate rose for the third consecutive month…
Read more >Related news
Margin is very much not profit
The government announced that it would introduce a margin cap…
Read more >Margin freeze in Hungary: Who is affected and is government intervention really justified?
The Hungarian government will introduce a margin restriction on certain…
Read more >Despite global challenges, SMEs are still looking for breakthrough points in 2025
According to economic forecasts for 2025, businesses will face a…
Read more >