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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Business News
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.