Euro zone consumer confidence falls to -17.9 in October

  • Eurozone consumers became more pessimistic as the European Commission’s confidence indicator declined.
  • The indicator fell 1.1 points to minus 17.9 in October.
  • European Union sentiment dropped 1.2 points to minus 17.3.

Euro zone consumer confidence fell 1.1 points to -17.9 in October, according to a European Commission flash estimate, as the war in the Middle East continued to push up energy costs. The reading was below the -17.0 forecast cited by economists polled by The Wall Street Journal and Reuters. September’s figure was revised to -16.8, while consumer sentiment across the European Union declined 1.2 points to -17.3.

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Euro zone consumer confidence falls to -17.9 in October - CoinPost Terminal