Economics
Euro-Area Economic Sentiment Unexpectedly Rises After Brexit
- Index of business, consumer sentiment rebounded in July
- Survey may help guide ECB policy debate in September
Is Brexit Aftermath Pointing Towards U.K. Recession?
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Euro-area economic confidence unexpectedly improved in July in a sign that the immediate impact on growth of Britain’s surprise vote to leave the European Union may be muted.
An index of business and consumer confidence rose to 104.6 in July from 104.4 the previous month, the European Commission in Brussels said on Thursday. Economists in a Bloomberg survey predicted a decline to 103.5.