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EU CONSUMER CONFIDENCE IMPROVES

April 26, 2023
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EU consumer confidence improves. The EU and Euro area consumer confidence indicator in April showed signs of recovery.

The data released by the European Commission showed encouraging signs for the polymer industry.

The indicator improved by 1.7 percentage points in the EU and 1.6 percentage points in the Euro area, standing at -18.9 (EU) and -17.5 (EA) percentage points, respectively.

However, it should be noted that the consumer confidence indicator remains well below its long-term average.

This indicating that the impact of the ongoing economic challenges.