Friday, June 27, 2014

Euro Area Economic Confidence Drops More Than Forecast In June

Euro area confidence dropped more than forecasts in June amid geopolitical tensions in Ukraine and worries of the low inflation in the euro area. Economic confidence edged down to 102.0 this month from a revised of 102.6, higher than analysts' forecast of 103.0. The business climate indicator slipped to 0.22



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