BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - Euro area consumer confidence unexpectedly rose in August, amid fears of a second wave of coronavirus, or Covid-19, infections in some countries in the bloc, preliminary figures from the European Commission showed on Friday.
The consumer confidence index rose to -14.7 from -15 in July. Economists had expected the index to remain unchanged.
In June, the reading was at -14.7.
The consumer confidence index for EU edged up to -15.5 from -15.6 in July.
Both indicators remain well below their long-term averages of ?11.1 and ?10.5, respectively.
The final readings for August are scheduled to be released along with the monthly economic sentiment survey data on August 28.
Copyright RTT News/dpa-AFX