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Eurozone Economic Sentiment Lowest In Over 2 Years

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
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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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