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Austria Consumer Confidence July 2021

Austria: Consumer confidence improves in July

Consumer confidence improved in July to zero from minus 2 in June. This marked the best print since May 2019.

The improvement reflected less pessimistic views on the financial situation of households and the general economic situation in the past 12 months. In addition, consumers’ attitudes towards making major purchases in the year ahead turned less downbeat. On the other hand, views regarding the economy and households’ financial situation in the year ahead inched down.

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