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Eurozone: Consumer Confidence better than estimates at -19

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05/20/2020 | 10:05am EDT

The consensus counted on -23. The previous publication was -23.

The consumer confidence index is released monthly based on 2,300 surveyed European consumers. Above 0, it indicates optimism, and below 0, pessimism among consumers. This statistic is a leading indicator of consumer spending, which accounts for a majority of overall economic activity.


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