Eurozone economic sentiment dips as consumers, retailers less optimistic

Eurozone economic sentiment deteriorated in September to levels last seen in late 2013 and inflation expectations among households and producers alike continued to fall.

The European Commission said yesterday that economic sentiment in the 18 countries sharing the euro fell to 99.9 points this month from 100.6 in August. Economists polled by Reuters had expected a decline to 100 points.

The index was weighed down by less optimistic consumers, retailers and industry. The only sectors where sentiment improved slightly in September were services and construction.