(Bloomberg) — Economic confidence in the euro area improved for a fifth month, albeit at a slower pace as resurgent virus infections cast uncertainty over the outlook.A European Commission sentiment index rose more than expected in September, sending the euro to the highest level in nearly a week. Yet confidence remains more than 30% below its pre-crisis level and evidence is building that the steep rebound following the end of lockdowns has started to level off.Production expectations in industry, which initially bounced back sharply, have barely moved over the past two months, and the outlook for demand in services waned …read more
Source:: Yahoo Finance
