Eurozone October final consumer confidence -17.9 vs -17.9 prelim

<ul><li>Economic confidence 93.3 vs 93.0 expected</li><li>Prior 93.3; revised to 93.4</li><li>Industrial confidence -9.3 vs -9.5 expected</li><li>Prior -9.0; revised to -8.9</li><li>Services confidence 4.5 vs 3.4 expected</li><li>Prior 4.0; revised to 4.1</li></ul><p>Euro area economic sentiment is little changed on the month, as the slowdown is going as expected in the region. The good news is that perhaps inflation pressures are easing further and that conditions are not worsening at a much more rapid pace, especially in Germany. The Q3 GDP report earlier <a href="https://www.forexlive.com/news/germany-q3-preliminary-gdp-01-vs-03-qq-expected-20231030/" target="_blank" rel="follow">here</a> does point to some relief.</p>

This article was written by Justin Low at www.forexlive.com.