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Financial News: Eurozone Consumer Confidence Climbs For Third Month

Eurozone Consumer Confidence Climbs For Third Month

10/23/2017 - 10:23:00 (RTTNews)

(RTTNews) - Eurozone consumer confidence strengthened for a third straight month in October to its highest level since 2001, preliminary data from the European Commission showed Monday.

The flash consumer confidence index rose to -1 from -1.2 in September, marking the highest score since April 2001, when it was -0.9.

Economists had expected a modest improvement in the index to -1.1.

The corresponding reading for the EU was unchanged at -1.6 in October. The score was the highest since April 2001, when it was -1.2.

Eurostat is set to release the final figures with the economic sentiment data on October 30.

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