Eurozone shopper confidence falls to new low

The European Fee stated on Wednesday that shopper confidence within the eurozone has fallen to its lowest degree for the reason that begin of the coronavirus pandemic, as households face hovering vitality and meals costs and economists warn concerning the heightened threat of a recession. The flash indicator used had fallen to -23.6 this month, worse than anticipated by economists polled by Reuters, who had predicted shopper confidence would rise to -20.5.