Eurozone Consumer Confidence Falls More Than Expected To 15-month Low - ConsultFX

Eurozone Consumer Confidence Falls More Than Expected To 15-month Low

Euro area consumer confidence weakened sharply in September to its lowest level in 15 months, initial estimates from the European Commission showed Thursday.

The flash consumer confidence index dropped to -2.9 from -1.9 in August. Economists had forecast a score of -2.

The latest reading was the lowest since May 2017, when the score was -3.3.

The consumer confidence measure for the EU also dropped in September, down to -2.8 from August's -1.8.

The European Commission is scheduled to release the final figures along with the economic sentiment data on September 27.


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