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Image header Agence Europe
Europe Daily Bulletin No. 10678
ECONOMY - FINANCE - BUSINESS / (ae) economy

Economic sentiment declines in August

Brussels, 30/08/2012 (Agence Europe) - European Commission statistics published on Thursday 30 August show that the economic sentiment indicator (ESI) decreased markedly by 2.0 points in the EU (to 87 points) and by 1.8 points (to 86.1 points) in the eurozone, while the business climate indicator (BCI) for the euro area edged up by 0.06 points to -1.21 points (compared with -1.27 in July), a level which remains below that of June (-0.95).

In both areas, the loss of confidence was...