Euro area economic confidence deteriorated to the lowest level since November 2020, underscoring the rising concern about the strength of economic activity amid the intensifying price pressures and supply chain disruptions.
The economic sentiment index dropped more-than-expected to 93.0 in April from 96.2 in the prior month, results of a monthly survey by the European Commission showed on Wednesday.
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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.