Eurozone consumer confidence rises by more than expected in Nov. — EU Commission

By Scott Kanowsky 

Investing.com — Consumer sentiment in the Eurozone improved by more than expected in November, according to new data released on Tuesday.

The EU Commission’s flash estimate of consumer confidence in the currency bloc rose to -23.9 during the month, rising from a reading of -27.5 in October. Economists had expected the figure to come in at -26.0.

It is the highest mark since August, although the gauge remains at «very low» levels, the EU Commission said in a statement.

In the European Union as a whole, consumer confidence increased by 2.8 points to -25.8.

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