You are here: Home » International » News » Economy
Business Standard

Euro zone economic sentiment rises to 10-year high in September

European Commission data showed optimism rose across sectors, barring financial services

Reuters  |  Brussels 

Eurozone economic sentiment improved more than expected in September, reaching levels last seen in July 2007, with optimism rising in all sectors except financial services, data from the European Commission showed on Thursday. The survey showed that sentiment in the 19 countries sharing the euro rose to 113.0 in September from 111.9 in August. Economists polled by Reuters had expected a rise to 112.0. Sentiment in industry rose sharply to 6.6 this month from 5.0 in August and optimism in the services sector, which produces more than two-thirds of the euro zone's gross ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Thu, September 28 2017. 16:35 IST