Eurozone economic confidence strengthened to a seven-month high in January as there were strong improvements across all sectors except construction, survey data from the European Commission showed Monday.
The economic confidence index rose to 99.9 in January from revised 97.1 in the previous month. Sentiment improved for the third consecutive month to hit the highest level since last June, when the reading was 103.1.
The increase in overall confidence reflected strong gains in industry, services, retail trade and consumer sentiment, while morale declined in construction.
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by Renju Jaya
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