Economics
Euro-Area Consumer Confidence Unexpectedly Declines in February
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Euro-area consumer confidence unexpectedly declined in February, adding to signs that the currency bloc’s recovery may be cooling.
An index of household confidence in the euro area fell to minus 12.7 from minus 11.7 in January, the European Commission in Brussels said in a preliminary report today. That falls short of the median forecast of minus 11 in a Bloomberg News survey of 25 economists.