Eurozone’s consumer confidence weakened for a fourth month in a row in January, but the decline was less than expected, preliminary data from the European Commission showed Friday.
The flash consumer confidence index eased to -8.5 from -8.4 in December, revised from -8.3. Economists had forecast a fall to -9.0.
The latest reading remained the worst since March, when the score was -10.8.
The corresponding indicator for the EU dropped to -10.0 from -9.6 in the previous month.
The indicators for both regions are now well below its pre-pandemic level and approaching its long-term average in both areas, the commission said.
The survey data was collected from January 1 to 20.
The final figures are set to be released along with the monthly economic sentiment survey data on January 28.
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