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Eurozone Consumer Confidence Improves More Than Expected

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Eurozone Consumer Confidence Improves More Than Expected

Eurozone consumer confidence rose improved more-than-expected in September to its highest level in six months, preliminary data from the European Commission showed on Tuesday.

The flash consumer confidence index climbed to -13.9 from -14.7 in August. Economists had expected a score of -14.6.

The latest reading was the highest since March, when it was at -11.6.

The corresponding index for EU rose to -14.9 from -15.5 in August. That is also the highest since March, when the coronavirus, or Covid-19, pandemic was just starting to spread in the region.

The final readings are slated to be released along with the economic sentiment data on September 29.

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