Eurozone Consumer Confidence At 10-month Low

Eurozone consumer confidence weakened more-than-expected in October to its lowest level in 10 months, preliminary data from the European Commission showed on Wednesday.

The flash consumer confidence index fell to -7.6 from -6.5 in September. Economists had forecast a score of -6.7.

The latest reading was the lowest since December, when it was -7.8.

The EU consumer confidence index shed 0.9 points to reach -7.3 in October.

The European Commission is set to release the final figure for consumer confidence along with the economic sentiment data on October 30.

The material has been provided by InstaForex Company –