Economics
Confidence in Euro-Area Economy Drops on Supply Squeeze, Virus
- Sentiment gauge fell to 117.5 in August; more than expected
- Inflation pressures are building in industry and retail
Pedestrians near the U-Bahn underground railway entrance in Alexanderplatz square in Berlin.
Photographer: Krisztian Bocsi/BloombergThis article is for subscribers only.
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Confidence in the euro-area economy slipped for the first time this year, suggesting that supply disruptions and the resurgent pandemic risk damping the recovery.