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Consumer Confidence in EU, Euro Area Drop Further in January

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Shopping cart supermarket with boxes and a red arrow down.

Consumer confidence in the European Union and the eurozone continued to decline in February, along with the drop in employment expectations for the month.

Source: European Commission

EZU is down 0.51%, while VGK is down 0.46%.

The DG ECFIN consumer confidence for the European Union was at -10.2 in February, marking a 0.2-point decline from December.

The consumer confidence indicator for the euro area was recorded at -8.8, down by 0.3 points from the previous month.

The latest figures indicate that the confidence levels for both the European Union and the eurozone are moving closer to the long-term average.

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