Eurozone's economic sentiment weakened for a seventh month in a row in January to its lowest level in over two years, driven by a sharp deterioration in industrial confidence caused by the lingering uncertainties linked to Brexit, global trade tensions and political threats such as protectionism. The economic sentiment indicator fell to 106.2 from December's 107.4, survey data from the European Commission showed on Wednesday.
Economists had expected an improvement in the score to 106.8. The latest reading was the lowest since November 2016, when it was 105.6.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.