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Euro-zone consumer confidence sinks to 3-month low

EURUSD News by Newsroom on 12:18 February 20, 2017 EST

The flash reading for Euro-zone consumer confidence indicator declined to -6.2 for February from a final -4.9 in January even lower than expectations of an unchanged reading at -4.9.

This is the first monthly contraction since August 2015.

Political tensions and the sharp rise in headline inflation may be blamed for the declining sentiment.