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Eurozone consumer confidence to improve "significantly" in February

Other News Materials 17 February 2011 20:26 (UTC +04:00)
Consumer confidence in the eurozone is to improve "significantly" in February, the European Union's executive body said on Thursday, dpa reported
Eurozone consumer confidence to improve "significantly" in February

Consumer confidence in the eurozone is to improve "significantly" in February, the European Union's executive body said on Thursday, dpa reported http://www.dpa.de

According to the European Commission's "flash estimate," the index in the 17 EU countries which use the euro is expected to reach -9.9, up from from January's -11.2.

However, forecasts for the entire 27-member EU were less positive, as consumer confidence was due to remain "broadly unchanged" from -12.6 in January to -12.4 in February, the commission said.

More detailed figures are due to be announced on February 24

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