Eurozone economic confidence weakened to the lowest level in nearly two years in September as all surveyed business sectors reported marked declines, signaling a recession in the currency bloc, survey results from European Commission showed Thursday.
The economic confidence index declined more-than-expected to 93.7 in September from 97.3 in the previous month. The index hit the lowest since November 2020. The expected score was 95.0.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.