Eurozone economic confidence reached its lowest level in nearly one-and-a-half years in July, survey results from the European Commission showed on Thursday.
The economic confidence index slid more-than-expected to 99.0 in July from 103.5 in the previous month. The reading was forecast to ease to 102.0.
This was the lowest score since February 2021. The decline in July reflects substantial losses in industry, services and consumer confidence.
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