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Euro zone consumer confidence rises by more than expected in September

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Euro zone consumer confidence rises by more than expected in September

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BRUSSELS (Reuters) – Euro zone consumer confidence rose by more than expected in September, the European Commission said in its flash estimate on Thursday. The European Commission said confidence among consumers in the 19 countries sharing the euro currency rose to -1.2 from -1.5 in August. Analysts had expected the indicator to remain unchanged from its August reading. In the European Union as a whole, consumer sentiment increased by 0.8 points to -1.5 in September. The Commission’s flash estimate gave no details on why consumers were more optimistic.

(Reporting by Robert-Jan Bartunek)
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