Euro-Area Consumer Confidence Improves More Than Forecast
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Euro-area consumer confidence increased more than economists forecast in January, adding to signs that the currency bloc’s recovery is gathering momentum.
An index of household confidence in the euro area rose to minus 11.7 from minus 13.5 in December, the European Commission in Brussels said in a preliminary report today. That exceeds the median forecast of minus 13 in a Bloomberg News survey of 27 economists.