Economics
Euro-Area Confidence Slips Amid Longer Curbs, Vaccine Trouble
- Commission sentiment gauge drops to 91.5; est. decline to 89.6
- Pessimism driven by retail trade, services and consumers
The EU’s vaccination campaign has fallen behind the U.K. and the U.S.
Photographer: Nathan Laine/BloombergThis article is for subscribers only.
Economic confidence in the euro area fell in January, after governments extended restrictions to contain the spread of the coronavirus and vaccination campaigns got off to a slow start.
A European Commission sentiment index dropped to 91.5 from a revised 92.4, driven by plunging optimism in retail trade and smaller declines in services and consumer confidence. The mood in the industrial sector improved.