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

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Euro money with goods and an arrow up. Growing profits. Increasing consumption, trade balance. High sales. Import export. Increase in budget revenues from taxes. Economy growth. Production rise.

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

Source: European Commission

Euro Stoxx 50 up +1.35%, EUR USD down -0.06%

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.

 

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