Euro-Area Economic Confidence Drops Again on Industry, Retail
Shoppers cross the Gran Via in central Madrid, Spain.
Photographer: Manaure Quintero/BloombergThis article is for subscribers only.
Euro-area economic confidence slowed for a sixth month as the region struggles under the weight of higher interest rates, still elevated inflation and geopolitical tensions.
A sentiment gauge published by the European Commission inched down to 93.3 in October, from a revised 93.4 a month earlier. Economists had predicted a more significant drop.