July 20, 2017 / 2:58 PM / a year ago

Euro zone consumer confidence unexpectedly falls in July

BRUSSELS (Reuters) - Euro zone consumer confidence unexpectedly fell in July after a sharp increase in the previous month, the European Commission said on Thursday.

FILE PHOTO: A businessman walks on the esplanade of La Defense, in the financial and business district in La Defense, west of Paris, April 10, 2014. REUTERS/Gonzalo Fuentes/File Photo

The EU executive said a flash estimate showed euro zone consumer morale fell by 0.4 points to -1.7, without providing further details about the fall.

A Reuters poll of 25 economists had forecast a rise to -1.1 points in July, following a 2.0 point increase to -1.3 in June.

In the European Union as a whole, consumer sentiment also fell by 0.1 points to -2.3 in July, the Commission said.

For European Commission data click on:


Reporting by Robert-Jan Bartunek; editing by Foo Yun Chee

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