EURO AREA CONSUMER CONFIDENCE INDICATOR IMPROVES TO -16.1 IN JUNE VS. -17 EXPECTED

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  • Eurozone Consumer Confidence Indicator rose to -16.1 in June.
  • EUR/USD continues to fluctuate below 1.1000 after the data.

Consumer sentiment in the Euro area improved modestly in June with the Consumer Confidence Indicator edging higher to -16.1 from -17.4 in May, the European Commission reported on Thursday. This reading came in better than the market expectation of -17. 

For the EU, the Consumer Confidence Indicator rose by 1.1 percentage point to -17.2.


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