Euro area: Eurozone sentiment improves for sixth consecutive month

The Economic Sentiment Indicator (ESI) published by the European Commission picked up to 97.8 points in October, up from the 96.9 points recorded in September. The result came in above market expectations of 97.2 points and marked the sixth consecutive improvement in the index. The index is now at its highest level since August 2011 and is moving closer to its long-term average of 100 points as a result of October’s increase.

Read more about European Economic Sentiment.

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