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- Eurozone economic confidence rises for fourth month
Eurozone economic confidence rises for fourth month
Eurozone
economic confidence improved for the fourth straight month in February, survey
data from the European Commission showed Wednesday.
The
economic sentiment index came in at 91.1, up from
Continuing
the broad upward trend observed since November, industry confidence improved to
Also
services confidence continued the upward trend it has been following since
October. The index rose to -5.4 from
Confidence
in construction, meanwhile, fell to -29.8 from
In a
separate communique, the commission said the business Climate Indicator
increased by 0.36 points to
The
assessment of current order books, production expectations and past production
improved significantly. At the same time, the assessment of the adequacy of
stocks of finished products remained virtually unchanged in February.
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