CEE8 Consumer Confidence Hits Five-Year High in July
The average consumer confidence index across Central and Eastern Europe (CEE8) climbed to its highest level in five years during July, driven by a notable uptick in sentiment.
Consumer sentiment in the CEE8 region strengthened markedly in July, pushing the average confidence index to a five-year peak. The rise was partly fuelled by a significant improvement in perceptions of the economic outlook.
The reading comes amid a broader recovery in regional confidence, with previous reports noting an exceptional upturn in the underlying drivers. The data may reinforce expectations of resilient domestic demand across the region.
Source: FXStreet Forex News