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Consumer Confidence in the Euro Area Falls by 0.3 Points in February

February 18, 2022 by Forex Winner Leave a Comment

Consumer Confidence in the Euro Area Falls by 0.3 Points in February

Source: European Commission

Consumer confidence in the euro area posted another decline in February, with the gauge down by 0.3 points to -8.8 points. DAX is down -1.21%, EURUSD is down -0.23%.

EU Economic Sentiment & Employment Expectations
  • In the EU, the consumer confidence edged lower by 0.2 points to -10.2 points in February.
  • The fall in consumer confidence happened amid a 1.4 points decline in the Economic Sentiment Indicator in the EU, which hit 111.6 in January. The indicator fell by 1.1 points to 112.7 in the euro area.
  • The Employment Expectations Indicator also edged lower in January, down by 0.5 points to 113.1 in the EU and down 0.2 points to 113.3 in the euro area.

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