Pursuits
Euro-Area Economic Confidence Jumps to Highest in 15 Months
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Economic confidence in the euro area improved for a third month in July, reaching the highest in 15 months and adding to indications the 17-nation currency bloc is emerging from a record-long recession.
An index of executive and consumer sentiment rose to 92.5 from 91.3 in June, the European Commission in Brussels said today. That is the highest reading since April 2012 and matched the median estimate in a Bloomberg News survey of 31 economists.