September 21, 2017 / 2:14 PM / 9 months ago

Euro zone consumer confidence rises by more than expected in September

BRUSSELS (Reuters) - Euro zone consumer confidence rose by more than expected in September, the European Commission said in its flash estimate on Thursday.

People walk on a shopping street in the southern German town of Konstanz January 17, 2015. REUTERS/Arnd Wiegmann

The European Commission said confidence among consumers in the 19 countries sharing the euro currency rose to -1.2 from -1.5 in August. Analysts had expected the indicator to remain unchanged from its August reading.

In the European Union as a whole, consumer sentiment increased by 0.8 points to -1.5 in September.

The Commission’s flash estimate gave no details on why consumers were more optimistic.

Reporting by Robert-Jan Bartunek

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