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Euro zone consumer confidence up a fraction in March
March 20, 2013 / 3:12 PM / 5 years ago

Euro zone consumer confidence up a fraction in March

BRUSSELS (Reuters) - Euro zone consumer confidence improved marginally in March from last month, figures released on Wednesday showed.

The European Commission said a flash estimate euro zone consumer morale was -23.5, a fraction up from -23.6 in February.

A Reuters poll of economists had expected a rise to -23.3.

Making up over half of euro zone economic output, consumer spending has remained constrained as Europe’s debt crisis limits household incomes, slowing economic recovery.

In the wider 27-member European Union, March consumer sentiment was unchanged from the last month at -21.6.

For European Commission data click on:

here

Reporting By Ethan Bilby; editing by Rex Merrifield

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