Economics
Euro-Area Economic Confidence Hits Highest Since 2011
- Sentiment index increased to 107.9 in January from 107.8
- Reports on euro-area inflation, economic growth due Tuesday
An employee uses a yarn bobbin to separate lace strands inside the Desseilles Laces factory in Calais, France, on Tuesday, March 8, 2016. The 126-year-old company, which had 2015 sales of 7 million euros ($7.6 million) and supplies customers including Victoria's Secret and Gucci, risks closure after unions won a court ruling.
Photographer: Marlene Awaad/BloombergThis article is for subscribers only.
Euro-area economic confidence hit a six-year high in January, adding to signs of stronger growth and inflation that are fueling a debate about European Central Bank stimulus.
An index of executive and consumer sentiment rose to 107.9. from 107.8 in December, the European Commission said Monday. That’s the highest reading since March 2011 and compares with the 107.8 median estimate in a Bloomberg survey of economists.