FX.co ★ Eurozone Consumer Confidence Falls More than Expected

Consumer confidence in the Euro Area declined further to -17.9 in October 2026 from -16.5 in September, reaching its lowest level since May, according to flash estimates. The figure was weaker than expected, as analysts had anticipated a smaller drop to -17. Elevated global oil prices, persistent inflationary pressures, and uncertainty over the interest rate outlook likely contributed to the deterioration in sentiment. Confidence also deteriorated across the broader European Union, where the index fell to -17.3 from -15.8.