Euro zone consumer confidence fell to -17.9 in October, a bigger drop than economists polled by Reuters expected. The European Union as a whole also saw sentiment decline.
Euro zone consumer morale decreased to -17.9 in October from a revised -16.8 in September, according to a flash estimate from the European Commission. That is a fall of 1.1 points from the September number.
The reading came in weaker than forecast. Economists polled by Reuters had expected a fall to -17.0.
Sentiment slid beyond the euro area too. Across the European Union as a whole, consumer sentiment fell by 1.2 points to -17.3.
Source: Investing.com (Reuters)
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