Euro-Area Confidence Unexpectedly Increases as ECB Mulls Action
This article is for subscribers only.
Economic sentiment in the euro area unexpectedly increased in November, a sign the European Central Bank’s bid to boost growth and inflation is starting to hit home with companies and consumers.
An index of executive and household confidence rose to 100.8 from 100.7 in October, the highest since July, the European Commission in Brussels said today. Economists forecast a decline to 100.3, according to the median of 28 estimate in a Bloomberg survey.