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Euro zone consumer confidence rises to -12.5 in October

by Uma Rajagopal
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2024 10 23T141418Z 1 LYNXMPEK9M0LE RTROPTP 3 EUROZONE ECONOMY INFLATION

 

(Reuters) – Euro zone consumer confidence rose by 0.4 points in October from the September number, figures released on Wednesday showed.

The European Commission said a flash estimate showed euro zone consumer morale improved to -12.5 this month from -12.9 in September.

Economists polled by Reuters had expected a rise to -12.5.

In the European Union as a whole, consumer sentiment rose by 0.5 points to -11.2, having reached its long-term average for the first time since February 2022, the statement said.

For European Commission data click on:

 

(Reporting by Mateusz Rabiega in Gdansk)