- Analytics
- News and Tools
- Market News
- Eurozone economic confidence rose to a 10-month high in October
Eurozone economic confidence rose to a 10-month high in October
Eurozone economic confidence rose to a 10-month high in October, survey data from the European Commission showed Friday.
The economic sentiment index rose more-than-expected to 106.3 in October from 104.9 in September, according to rttnews. This was the highest since December 2015, when the reading was 106.6. The expected reading was 104.9.
The industrial confidence indicator climbed to -0.6 from -1.8. Increasing industry confidence resulted from a marked improvement in managers' production expectations and improved assessments of overall order books and the stocks of finished products.
The confidence index for services came in at 12.0 versus 10 in September. The marked rise in services confidence resulted from managers' significantly brighter assessment of past demand and the past business situation.
The consumer confidence index improved to -8 as initially estimated from -8.2 in the prior month.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
