Eurozone August consumer confidence final value confirmed at -15.5, rising for four consecutive months

⑴ The final value of the Eurozone August consumer confidence index rose to -15.5 from July’s -15.9, in line with the preliminary value, marking the fourth consecutive month of improvement and reaching the highest level since February. Overall EU confidence also edged up to -15. ⑵ Consumers' pessimism about the future and past financial situation of their households has eased slightly, but the improvement is limited due to a decrease in willingness to spend. Consumers’ willingness to make large purchases in the next 12 months has declined, and expectations for the overall economic outlook have also deteriorated.