• Eurozone economic confidence improved

Market news

27 February 2017

Eurozone economic confidence improved

Eurozone economic confidence improved to the highest level in almost six years in February, survey results from the European Commission showed, cited by rttnews.

The economic sentiment index rose marginally to 108.0 in February from 107.9 in January. The reading came in line with expectations and reached its highest level since March 2011, when the score was 108.3.

The improvement in confidence among industrial, services and construction companies outweighed the slippage in sentiment among consumers and retailers.

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