Euro zone economic sentiment much better than expected in September



Economic sentiment in the 19 countries sharing the euro was much better than expected in September thanks to a rebound of confidence in industry in the biggest economies, data from the European Commission showed on Thursday.
The economic sentiment index, calculated by the European Union's executive arm, rose to 104.9 in September from 103.5 in August, beating expectations of no change and moving further above the long-term average of 100.0.
Economic sentiment is an early indicator of economic activity, signalling trends in gross domestic product growth.
Separately, the Commission's business... read more

 
29 September 2016 in Business, Views: 31
Source: Reuters
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