Economics
ECB mulls next move as eurozone confidence slips again
European Commission sentiment gauge declined for the fourth consecutive month to 93.3
Euro-area economic confidence slowed more than anticipated this month, further overshadowing the region’s outlook.
A sentiment gauge published by the European Commission slid to 93.3 from 94.5 in July. That’s the fourth monthly decline and worse than the median forecast in a Bloomberg survey of economists.
Sub-indicators for services, industry and consumer expectations also decreased.
Third-quarter indicators have been dire so far, with PMIs last week signalling the private-sector activity may be contracting in the ...
