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Euro zone confidence at multi-year high, but inflation expectations fall

Reuters  |  BRUSSELS 

BRUSSELS (Reuters) - Economic sentiment in the euro zone rose more than expected in December and the business climate indicator hit new highs, European Commission data showed on Monday, underlining robust economic growth in the single currency area.The Commission's economic sentiment indicator rose to 116.0 points in December from 114.6 in November and well above the 114.8 point expectation in a Reuters poll. It was the highest value of the indicator since October 2000. The record was the 119.0 set in May 2000.Separately, the Commission's business climate indicator, which points to the phase ...

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First Published: Mon, January 08 2018. 18:05 IST