Consumer confidence in the eurozone is falling from a 17-year high

European consumer confidence fell more-than-expected in February from a 17-year high in the previous month, preliminary data from the European Commission showed on Tuesday.

The agency said its consumer sentiment index fell to 0.1 from 1.4 in January.

Economists polled by Reuters had an average reading of 1.0.

In the broader EU, consumer confidence also fell to -0.3 points from 0.4 points.