Euro area consumer sentiment rises in February

Euro area consumer sentiment rises in February

Despite improving from month ago, consumer confidence indicator still below zero, flash data shows

By Tuba Ongun

ANKARA (AA) – Consumer sentiment in the euro area increased 1.6 points from a month ago in April, hitting nearly a one-year high, according to preliminary data released on Thursday.

The flash consumer confidence indicator rose to minus 17.5 in April, the European Commission data showed.

The figure was better than the market expectation of minus 18.5.

Consumer confidence in the EU also increased 1.7 points month-on-month to minus 18.9 in April.

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