Forex News: Business climate in the euro area rose unexpectedly in November
The index of business climate in the euro area rose in November to 1.54 points, from 1.41 points in the preceding month (revised from 1.42). The analysts expected business climate rise to 1.42 points.
However, the index of economic sentiment, which reflects firms’ confidence in the economic situation for the sixth-month period, fell slightly in November, from 110.4 points in October to 110.3 points. The index of economic sentiment was expected to be 110.5 in November.
The index of economic sentiment in the manufacturing sector was six points, compared with five in October. Economic sentiment in services fell from 21 to 19 points.
However, the index of economic sentiment, which reflects firms’ confidence in the economic situation for the sixth-month period, fell slightly in November, from 110.4 points in October to 110.3 points. The index of economic sentiment was expected to be 110.5 in November.
The index of economic sentiment in the manufacturing sector was six points, compared with five in October. Economic sentiment in services fell from 21 to 19 points.
posted by Kalin Tasev @ 5:56 AM
0 Comments:
Post a Comment
<< Home