Economics

Euro-Area Economic Confidence Retreats as Consumer Mood Slips

Sentiment gauge drops to 117.5 in November, matching estimate
Selling price expectations at record highs in all sectors

A Christmas market on Kurfrstendamm, in Berlin, on Nov. 26. — A Christmas market on Kurfrstendamm, in Berlin, on Nov. 26.
Photographer: Krisztian Bocsi/Bloomberg

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By Catherine Bosley

November 29, 2021 at 10:00 AM UTC

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Economic confidence in the euro area slipped in November as consumers struggled with an inflation spike and resurgent coronavirus infections that turned the region into a pandemic hotspot yet again.