European Consumer Confidence Further Declines in June

Data by the European Commission’s Directorate-General for Economic and Financial Affairs (DG ECFIN) showed that the consumer confidence indicator for the Eurozone declined in June by 0.3 points to -15.

On the European Union’s (EU) level, the consumer confidence indicator remained unchanged at -15.6.

Both indicators remain well below their long-term averages of -11.1 and -10.5, respectively.