Economic Buzz: Eurozone Economic Confidence Slips To Nine Month Low

28 Jan 2022 , 05:41 PM

Eurozone economic confidence slipped to a nine-month low in January largely driven by the weakness in services and construction, survey results from European Commission showed on Friday. The economic confidence index fell to 112.7 in January from 113.8 in December. At 13.9, the industrial confidence index reached a seven-month low, and was down from 14.6 in December. The data also showed that the services sentiment index fell to a nine-month low of 9.1 from 10.9 a month ago. The consumer confidence index also eased marginally to -8.5 from -8.4 in the previous month.

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