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Notizie economiche
20.03.2024

Eurozone’s consumer confidence improves marginally more than forecast in March

The European Commission (EC) reported on Wednesday that its flash estimate showed the consumer confidence indicator for the Eurozone increased by 0.6 percentage points to -14.9 in March from an unrevised -15.5 in the previous month. This was the highest reading since February 2022 (-9.4).

Economists had predicted the index to improve to -15.0 early this month.

Considering the European Union (EU) as a whole, the consumer sentiment indicator also rose by 0.6 percentage points to -15.2 in March. 

Despite this month’s advances, both indicators remained well below their long-term averages.

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