European confidence in the economic outlook improved more than economists forecast in December, led by increasing optimism among German manufacturers.
An index of executive and consumer sentiment in the euro region jumped to 106.2 from 105.1 in November, the European Commission in Brussels said today. That’s the highest since October 2007. Economists forecast a gain to 105.8, the median of 14 estimates in a Bloomberg News survey showed. Euro-area retail sales fell 0.8 percent in November from the previous month, a separate report showed.
For more: Europe Economic Confidence Gains More Than Forecast - Bloomberg
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