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March 20, 2013 / 12:17 PM

Consumer confidence unchanged in Europe

BRUSSELS, March 20 (UPI) -- The European Commission said Wednesday consumer confidence was broadly unchanged in Europe in March.

In a release posted on the European Union website, the European Commission said the consumer confidence index for the month held at minus 21.6 for the 27-member European Union and fell marginally from minus 23.5 to minus 23.6 in the 17-member eurozone, the countries that share the euro as currency.

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The long-term average for the index, dating back to 2003, is minus 12.5.

The figures are considered a flash estimate that means they are subject to a possible revision as more data becomes available.

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