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CONSUMER CONFIDENCE REMAINS STABLE.

Consumer confidence in October remained unchanged compared with the previous month, according to the Consumer Confidence Index (ICC-ICO), which is published monthly by the European Commission. As of 21 October, European consumer confidence was 11 points, the same as was recorded in September. In the 16 eurozone countries, the indicator fell from 11.7 in September to 11.6. It was in February that the trend was first bucked, following nearly ten months of improvement (the indicator for the eurozone in January was 15.8 points). The ICC-ICO will be supplementedby the publication, on 28 October, of the monthly Economic Confidence Index, which further assesses the mood of consumers and companies.

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Publication:European Report
Date:Oct 25, 2010
Words:111
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