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The Sentix economic index for the Eurozone fell to 2.7 in October from 5.1 in September, primarily driven by a decline in the expectations indicator to 8.8 from 13.8, while the current situation gauge remained unchanged at -3.3.
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - Eurozone economic confidence weakened unexpectedly in September due to the fall in consumer sentiment, monthly survey data from the European Commission showed Tuesday.The economic sentiment index dropped to 97.9 in September from 98.4 in the previous month. The…
The Commission’s Economic Sentiment Indicator NYSE:ESI fell by 0.5 points to 97.9, moving further below its long-term average of 100. The indicator had been trending higher since May."The decline in the ESI resulted from lower confidence reported by consumers, despite higher confidence in industry…