Euro Area Consumer Confidence Falls 1.1 Points to -8.3 in November

Eurozone consumer confidence slips 1.5 points in December from the November number.

Source: European Commission

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The European Commission stated that a flash estimate showed that euro area consumer sentiment fell to -8.3 this month from -6.8 in November.

In the European Union as a whole, consumer sentiment dropped by 1.4 points to -9.6.

In November, the Economic Sentiment Indicator (ESI) dropped by 1.1 points in both the EU and the euro area. ESI index remains at a high level of 116.5 points in the EU and 117.5 in the eurozone.

The Employment Expectations Indicator (EEI) expanded further to 115.6 points in both regions, increasing 1.4 and 1.7 points in the EU and Eurozone, respectively.