Euro-Area Economic Confidence Drops as Brexit Shock Sinks In

Updated on
  • August fall in sentiment follows unexpected increase in July
  • Survey may help guide debate at next ECB policy meeting

Negative Shock in the Aftermath of the Brexit Decision

Euro-area economic confidence worsened more than analysts predicted in August in a sign that the reverberations of Britain’s decision to leave the European Union may finally be reaching companies and households.

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