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Economy And The Numbers

Eurozone Consumer Confidence Weakens More Than Expected In August

By Jyotsna V   ✉  | Published:  | Google News Follow Us  | Join Us
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Euro area consumer sentiment deteriorated more than expected in August to a four-month low, after a strong improvement in the previous month, preliminary results of the monthly survey by the European Commission revealed on Thursday.

The flash consumer confidence index for Eurozone dropped to -15.5 from -14.7 in July. The reading was the lowest since April when the score was -16.6. Economists had expected the index to fall modestly to -14.9.

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