Euro-Area Sentiment Signals Recovery Is Set to Strengthen: Chart

The euro-area economy has registered 16 consecutive quarters of expansion since it emerged from recession in 2013, and confidence among manufacturers, service providers and consumers signals that the recovery is set to strengthen. European Central Bank President Mario Draghi has labeled the region’s upswing “firming” and “broad-based,” as some officials started to debate an eventual exit from unconventional monetary stimulus. Gross domestic product increased 0.5 percent in the three months through March, according to an earlier flash estimate that economists predict Eurostat will confirm at 11 a.m. Frankfurt time.

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