Financial News: Eurozone Consumer Confidence Unexpectedly Weakens To 3-Mon

Eurozone Consumer Confidence Unexpectedly Weakens To 3-Month Low

03/21/2025 - 12:49:00 (RTTNews)

(RTTNews) - Pessimism among Euro area households increased in March as the consumer sentiment measure unexpectedly sunk to its lowest level in three months, preliminary survey data from the European Commission showed on Friday.

The flash consumer confidence indicator for Eurozone fell to -14.5 from <a href=https://www.rttnews.com/3516898/eurozone-economic-confidence-rises-to-5-month-high.aspx target=_blank >-13.6 in February</a>, while economists were looking for an improvement to -13.0.

The latest reading was the weakest since December. Confidence weakened this month after a strong rise in February and a modest gain in January.

The corresponding index for the EU fell by a percentage point to -13.9 in March, which was the lowest score since February last year.

".consumer confidence veered further away from its long-term average again," the commission said.

Results are based on survey data collected from March 1 to 20.

The final results for consumer confidence are set to be released along with the monthly economic sentiment survey data on March 28.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Japan Leading Index Declines In March (03 min(s), 39 sec(s) ago)
(RTTNews) - Japan's leading index decreased less than expected in March to the lowest level in ...Full Story»

European Economic News Preview: Italy Industrial Output Data Due (47 min(s), 39 sec(s) ago)
(RTTNews) - Industrial production from Italy is due on Friday, headlining a light day for the Euro ...Full Story»

China Exports Rise More Than Forecast (02 hr(s), 31 min(s), 39 sec(s) ago)
(RTTNews) - China's exports grew more than expected in April despite the fall in exports to th ...Full Story»

Japan Household Spending Rises 2.1% On Year In March (49 min(s), 21 sec(s) ago)
(RTTNews) - The average of household spending in Japan was up 2.1 percent on year in March, the Mi ...Full Story»

South Korea Has $9.14 Billion Current Account Surplus (24 min(s), 21 sec(s) ago)
(RTTNews) - South Korea posted a current account surplus of $9.14 billion in March, the Bank of Ko ...Full Story»

China Trade Data Due On Friday (12 min(s), 21 sec(s) ago)
(RTTNews) - China will on Friday release April figures for imports, exports and trade balance, hig ...Full Story»

Thirty-Year Bond Auction Attracts Below Average Demand (05 min(s), 21 sec(s) ago)
(RTTNews) - The Treasury Department finished off this week's series of announcements of the re ...Full Story»

U.S. Wholesale Inventories Climb Slightly Less Than Expected In March (55 min(s), 21 sec(s) ago)
(RTTNews) - The Commerce Department released a report on Thursday showing wholesale inventories in ...Full Story»