Euro Zone, consumer confidence slightly improving in June

ECB Stournaras three cuts in 2024 are the most likely

(Finance) – In June 2024, the consumer confidence it increased further, by 0.3 percentage points (pp.) in both the EU and the euro area. This was communicated by the Directorate General for Economic and Financial Affairs of the European Community (DG ECFIN).

At -12.9 points (EU) and -14.0 points (euro area), consumer confidence is still slightly below its long-term average.

(Photo: Mika Baumeister on Unsplash)

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