Ekonomické zprávy
22.11.2021

Eurozone consumer confidence worsens more than forecast in November

The European Commission (EC) announced on Monday its flash estimate showed the consumer confidence indicator for the Eurozone declined by 2.0points to -6.8 in November from an unrevised -4.8 in the previous month. This was the lowest reading since April.

Economists had expected the index to drop to -8.2.

Considering the European Union (EU) as a whole, consumer sentiment deteriorated by 2.1 points to -6.1 early this month.

Despite this month’s declines, both indicators remained above their long-term averages, but the EU measure was below its pre-pandemic level.

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