EU January Consumer Confidence rises to -20.6 from -21.3 in December, a bit better than...

|By:, SA News Editor

EU January Consumer Confidence rises to -20.6 from -21.3 in December, a bit better than expectations of -21.7. "The past 2-week stabilization in financial markets, coupled with first signs of easing inflationary pressures," may have helped, says Annalisa Piazza, who reminds the absolute number remains in gloomy territory.