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.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
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.