Second consecutive month of improvement for consumer sentiment in euro-zone

Summary: Euro-zone households less pessimistic in November; consumer confidence Index up 3.6 points; still well below long-term average, lower bound of “normal” readings; supported by easing utility prices, gas storage levels, hopes of geopolitical solutions; euro-zone bond yields moderately lower. EU consumer confidence plunged during the GFC and again in 2011/12 during the European debt crisis. After bouncing back through 2013 and 2014, it fell back significantly in late 2018...

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