Economics

Euro-Area Confidence Sours With Economic Gauge at 1-Year Low

  • Sentiment gauge dropped to 105 in April, vs. est. of 108.0
  • Consumers, industry measures both showed weakening sentiment

An empty restaurant in Anzio, Italy.

Photographer: Alessia Pierdomenico/Bloomberg
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Confidence in the euro-area economy fell to the lowest in a year as the impact of the war in Ukraine drained overall sentiment from industry to consumers.