1/21, 3:59 PM (Source: TeleTrader)
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Consumer confidence in euro area down in January

The economic sentiment among consumers and businesses in the Eurozone declined in January compared to the previous month, the European Commission stated in its Flash Consumer Confidence Indicator revealed on Friday.

The Economic Sentiment Indicator's (ESI) flash estimate went down by 0.4 points in the European Union and 0.1 points in the Eurozone.

Additionally, the report noted that the indicator is significantly below its pre-pandemic level, -10.0 points for the EU and -8.5 points for the Eurozone.

Baha Breaking News (BBN) / JG