Euro Zone's economic confidence improved this month

Note: This section contains information in English only.
Source: Forexfactory
The economic confidence in the Euro Zone improved more than expected this month. The survey of EC showed that economic confidence in the region grew to 94.4 this month as compared to 93.4 in the preceding month. Analysts projected the index to ease up to 94 this month. Industrial confidence climbed from minus 7 to minus 5.8 in February on a monthly basis while consumer sentiment added 0.4 points to minus 20.3. Meanwhile, business climate index edged up to minus 0.18 from minus 0.21 last month.

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