Consumer confidence improves modestly to -13.9 in December

He Euro zone consumer confidence indicator rose 3.7 points to -13.9 in December from -17.6 in November, advanced data released by the European Commission showed on Monday. This reading was slightly better than analysts’ estimate of -16.8.

In addition, the European Union consumer confidence increased 3.4 points to -15.3. Both readings remained well below their long-term averages of -11.2 (euro zone) and -10.7 (EU), the publication showed.

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