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Ekonomické zprávy
23.03.2023

Eurozone’s consumer confidence unexpectedly deteriorates marginally in March

The European Commission (EC) reported on Thursday its flash estimate revealed the consumer confidence indicator for the Eurozone edged down by 0.1 percentage point to -19.2 in March from a downwardly revised -19.1 (from -19.0) in the previous month.

Economists had expected the index to increase to -18.3 early this month.

Considering the European Union (EU) as a whole, the consumer sentiment indicator also slipped by 0.1 percentage point to -20.7 in March.

Both indicators were well below their long-term averages in March.

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