The EUROZONE CONSUMER TRUST HAS Fallen 2.2 points in the preliminary reading of April, sinking to -16.7 Since -14.5 of March, as published by the European Commission.
This is its lowest level in 17 monthsspecifically since November 2023. The indicator has worsened expectations, since the market consensus expected a more moderate setback to -15.6 points.
Euro reaction
The euro has reacted to the weakening of the data with a decrease of 15 pips that has taken it around 1,1460. At the time of writing, the EUR/USD quotes about 1,1468, losing 0.39% in the day.
Economic indicator
Consumer trust
The consumer confidence published by the Statistics Office of the European Commission It is a survey on consumer trust in the economic activity of the region. It is an indicator about the tendency of the economy in general. A result higher than anticipated is bullish for the euro, while a lower result is bassist for the currency.
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Last publication:
MAR 22, 2025 14:00 (PREL)
Frequency:
Monthly
Current:
-16.7
Dear:
-15.6
Previous:
-14.5
Fountain:
European Commission
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
