21.08.201411:10:00UTC+00Eurozone August Consumer Confidence At 5-Month Low; Weaker Than Expected

The deterioration in Eurozone consumer confidence in August was worse-than-expected, preliminary estimate from the European Commission showed Thursday.

The consumer confidence index dropped to -10 from -8.4 in July. Economists had forecast a score of -9.1.

The index declined for the third month in a row and the latest reading is the lowest since February, when it was -12.7.

Consumer sentiment in the EU also weakened with the index falling to -6.4 from -5.5 in July.

Final figures for the consumer confidence index will be released along with the economic sentiment data on August 28.