Eurozone Final Consumer Confidence steadies at -23.6 in June, matches estimates
|Eurozone's Final Consumer Confidence Index arrived at -23.6 in June vs. -23.6 recorded previously, according to the latest data release from the European Commission. The data confirmed to the consensus forecast of 23.6.
Meanwhile, the bloc’s Economic Sentiment Indicator for June dropped to 104.0 vs. 103.0 expected and 105.0 previous.
Sentiment in the industry improved to 7.4 points from 6.5 in May and for services, the economy's biggest sector, to 14.8 from 14.1 in May.
Consumer inflation expectations, which reached an all-time high in March, continued to decline, slipping to 42.6 in June from 45.5 in May.
Market reaction
EUR/USD is posting small losses, little changed on the Eurozone sentiment data. The pair is currently trading at 1.0510.
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