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Euro zone consumer confidence rises to -12.5 in October

Published by Uma Rajagopal

Posted on October 24, 2024

1 min read

· Last updated: January 29, 2026

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Graph showing rise in Euro zone consumer confidence to -12.5 in October - Global Banking & Finance Review
This image illustrates the rise in Euro zone consumer confidence to -12.5 in October 2024, reflecting improved economic sentiment, as reported by the European Commission.
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(Reuters) – Euro zone consumer confidence rose by 0.4 points in October from the September number, figures released on Wednesday showed. The European Commission said a flash estimate showed euro zone consumer morale improved to -12.5 this month from -12.9 in September. Economists polled by Reuters had expected a rise to -12.5. In the […]

(Reuters) – Euro zone consumer confidence rose by 0.4 points in October from the September number, figures released on Wednesday showed.

The European Commission said a flash estimate showed euro zone consumer morale improved to -12.5 this month from -12.9 in September.

Economists polled by Reuters had expected a rise to -12.5.

In the European Union as a whole, consumer sentiment rose by 0.5 points to -11.2, having reached its long-term average for the first time since February 2022, the statement said.

For European Commission data click on:

(Reporting by Mateusz Rabiega in Gdansk)

Frequently Asked Questions

What is consumer confidence?
Consumer confidence is a measure of how optimistic or pessimistic consumers are regarding their expected financial situation and the overall economic environment. It influences spending and saving behaviors.
What is the euro zone?
The euro zone refers to the group of European Union countries that have adopted the euro as their official currency. It facilitates easier trade and economic stability among member nations.
What is a flash estimate?
A flash estimate is a preliminary estimate of economic indicators, such as GDP or consumer confidence, released shortly after the end of a reporting period. It provides an early insight into economic trends.
What is the European Commission?
The European Commission is the executive branch of the European Union responsible for proposing legislation, implementing decisions, and managing the day-to-day operations of the EU.
What is consumer morale?
Consumer morale refers to the overall sentiment of consumers regarding their financial situation and the economy. High morale typically indicates confidence in economic stability and growth.

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