Indicators
Euro-Area Confidence Unexpectedly Slows on Industry, Services
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Euro-area economic confidence unexpectedly slowed this month, defying hopes for a continued rebound on year after Russia invaded Ukraine.
A sentiment gauge published by the European Commission slid to 99.7 from a revised reading of 99.8 a month earlier. Economists had predicted a fourth monthly increase, with all but one estimate in a Bloomberg survey anticipating such a move.