Economic sentiment in eurozone increases
An index of executive and consumer confidence increased to 100.7 from 99.9 in September, the European Commission said in Brussels yesterday. That’s the first gain in three months. Economist predicted a drop to 99.7, according to the median of 29 forecasts in a Bloomberg survey.
The report may help the region escape a spiral of declining confidence and falling output prompting businesses to delay investments because of the negative assessment of the situation by other companies.
