Euro area: Eurozone sentiment picks up

The Economic Sentiment Indicator (ESI) published by the European Commission picked up to 98.5 points in November, which was up from the 97.7 points recorded in October. The result came in above market expectations of 98.0 points and marked the seventh consecutive improvement in the index. The index is now at its highest level since August 2011 and has moved closer to its long-term average of 100 points.

Read more about European Economic Sentiment.

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