Eurozone Consumer Confidence Worsens in September
2026-09-29 09:11
By
Luisa Carvalho
1 min. read
Consumer confidence in the Euro Area weakened to -16.5 in September 2026, from a six-month high of -15.5 in August, confirming the preliminary estimate.
The decline ended a four-month streak of improvement, as elevated energy costs linked to the prolonged Middle East conflict fuelled concerns about inflation and the interest-rate outlook.
Euro area inflation has exceeded the 2% target since the Iran war began and is not expected to return to the ECB's goal until late 2027, keeping up pressure on the central bank to lift interest rates while households contend with a squeeze on purchasing power.
The deterioration was broad-based, with all four components weakening, including views on households’ past and future financial situation, expectations for the domestic economic outlook, and intentions to make major purchases.
Sentiment also waned across the European Union, with the index slipping to -15.8 from -15.0 in August.