Euro area consumer confidence is further and further away from the long-term average.
Eurozone consumer confidence fell further in June, according to European Commission preliminary data. Confidence fell 2.4 points from the previous month and is now minus 23.6 points.
Consumer confidence in the economy is moving further and further away from the long-term average of -11.0. It is already close to an all-time low reached in April 2020 at the start of the corona pandemic.
Situation follows the EU consumer index, which fell 1.9 points to minus 24 in June. The final results will be published at the end of the month.
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