Eurozone Consumer Confidence on the Rise

In a recent preliminary report by the European Commission, the consumer confidence indicator in the euro area showed a slight recovery, moving from negative 14.5 in December 2024 to negative 14.2 in January. This minor improvement indicates a cautious optimism among consumers, despite the figures remaining below the long-term average.

Stagnation in the European Union

Contrastingly, the consumer confidence indicator across the entire European Union remained stagnant at negative 13.3 in January, unchanged from December. This stagnation highlights the ongoing challenges faced by the EU in boosting consumer sentiment above its long-term average.