22nd Sep 2014 14:17
VIENNA (Alliance News) - Eurozone's consumer confidence dropped for a fourth month in September and the decline was worse-than-expected, preliminary data from the European Commission showed Monday.
The flash consumer confidence indicator for the euro area fell to -11.4 from -10 in August. The reading came in below economists' consensus of -10.5.
The latest score was the lowest since February, when the reading was -12.7.
The consumer confidence index for the entire EU also declined in September, shedding 16 points to reach -8. It was also the weakest print since February.
The final consumer confidence figure will be released along with the economic sentiment data on September 29.
Copyright RTT News/dpa-AFX