Euro zone consumer confidence falls in Feb from 17-year high

By Kitco News / February 20, 2018 / www.kitco.com / Article Link

BRUSSELS, Feb 20 (Reuters) - Euro zone consumer confidence fell by more than expected in February from a 17-year high in January, a flash estimate for the European Commission showed on Tuesday.

The Commission said that consumer sentiment fell to 0.1 points from a revised 1.4 points in January. Economists polled by Reuters had on average expected a figure of 1.0.

In the wider European Union, confidence also slipped - to -0.3 points from 0.4 points in January.

Uncertainty about possible euro zone reforms and Italian elections and difficulties forming a German government have so far taken a backseat to improved economic factors with unemployment in the euro zone at nine-year lows.

For European Commission data click on: (Reporting by Philip Blenkinsop)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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