Euro zone consumer confidence rises in November

Euro zone consumer confidence rose much more than expected by economists in November, according to the European Commission on Tuesday showed.

A flash estimate showed euro zone consumer morale rose to -6.1 points from -8.0 points in October. Economists polled by Reuters had expected a rise to only -7.8 points. In the European Union as a whole, consumer sentiment rose by 0.7 points to -5.8.