Eurozone Consumer Confidence Declines to -15.5 in October as Expected

The Consumer Confidence for the euro area and the EU both declined by 1.6 points in October and arrived at -15.5 and -16.5, respectively, the data published by the European Commission showed on Thursday.

Further details of the publication revealed that the Industrial Confidence for the euro area improved modestly to *9.6 from -11.4 and the Economic Sentiment Indicator remained unchanged at 90.9.