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Flash Consumer Confidence (Sep........>

MNI (London)
EUROZONE DATA: Flash Consumer Confidence (Sep 2019) Preview - 15:00 BST 20/9/19
- Bloomberg Consensus: -7.0; Prev (Sep): -7.1 
- Markets look for consumer confidence to pick up by 0.1 pts in Sep following
Aug's drop. 
- Consumer sentiment changed marginally throughout this year after it trended
downwards in 2018
- Aug's downtick was led by a deterioration of household's expectations
regarding their general economic situation, while their assessment of their past
and future financial situation improved slightly. 
- Recently rising equity prices (historically reasonably well correlated with
consumer confidence) pose an upward risk to Sep's reading. 
- Additionally, low inflation, a strong labour market and expansive monetary &
fiscal policies should provide support for confidence. 
- However, global uncertainties remain unresolved and continue to weigh on
consumer's sentiment.
MNI London Bureau | +44 203-865-3812 |
MNI London Bureau | +44 203-865-3812 |

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