Euro-Area Economic Confidence Climbs to Highest Since 2011
- Sentiment improves to 108 from 107.9; median estimate 108.1
- Region showing resilience in face of political uncertainty
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Euro-area economic confidence rose to the highest level in almost six years in a sign of continued momentum as the European Central Bank prepares to update its outlook for growth and inflation.
An index of executive and consumer sentiment in the region increased to 108 in February from 107.9 the previous month, the European Commission in Brussels said Monday. That compares to a 108.1 median estimate in a Bloomberg survey of economists.