Daniel Lacalle Official Account(@dlacalle_IA):The slump in the euro area’s consumer confidence index, from -15.5 in August to -16.5 in September, is staggering. However, the saddest part is that it was at -12.4 before the Iran war began and that the long-run average is -9.5. What a train wreck.

Daniel Lacalle Official Account

@dlacalle_IA

Official English Account. PhD #ChiefEconomist# Tressis #Author#. #Professor# @IEbusiness @frdelpino. YouTube:

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Daniel Lacalle Official Account@dlacalle_IA

2026.09.22 15:25

The slump in the euro area’s consumer confidence index, from -15.5 in August to -16.5 in September, is staggering. However, the saddest part is that it was at -12.4 before the Iran war began and that the long-run average is -9.5. What a train wreck.