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Eurozone consumer confidence improves in Month

Thursday, April 21, 2016 - 22:40

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Eurozone consumer confidence rose by slightly more than expected in April to end three months of decline, a flash estimate by the European Commission showed on Thursday.

[BRUSSELS] Eurozone consumer confidence rose by slightly more than expected in April to end three months of decline, a flash estimate by the European Commission showed on Thursday.

The Commission said consumer morale in the 19 countries sharing the euro zone increased by 0.4 points to -9.3.

The average forecast in a Reuters poll of 33 economists was for an improvement to -9.5, with a range from -11 to -8.

For the entire 28-member European Union, consumer sentiment also rose, by 0.5 points to -6.8.

REUTERS

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