A leading indicator of the Eurozone economy increased for the third consecutive month in February, led by investor and business confidence, data from a survey by the think-tank Conference Board showed Monday.
The Conference Board leading economic index for the euro area increased 0.8 percent to 105.2 in February, after rising 1.1 percent in January.
Meanwhile, the coincident index, which measures the current economic situation, declined 0.1 percent to 102.4 in February. The index was flat in January.
"The recent volatility of business confidence highlights the fragility of the near-term improvement and in particular the weakness of domestic demand for the Euro Area as a whole," The Conference Board Senior Economist for Europe Jean-Claude Manini said.
"Economic activity may have contracted for a second consecutive quarter, but the likeliest scenario based on the LEI still suggests that subdued growth in economic activity will resume in the coming months."
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.