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Euro zone Jan economic sentiment indicator 109.2 vs revised 109.8 in Dec


Published :
Wed, 31 Jan 2007 11:17
By : Agencies
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BRUSSELS (AFX) - The European Commission said its euro zone economic sentiment indicator for January fell to 109.2 from a revised 109.8 in December.

Economists polled by AFX News had forecast a decline in the indicator to 109.5 from the 110.1 level originally given for December.

The industrial confidence component of the indicator fell to 5 from 6, while consumer confidence deteriorated to minus 7 from minus 6.

Economists had forecast 5 for the industrial confidence indicator and minus 6 for consumer confidence.

The commission's euro zone business climate indicator fell to 1.40 in January from 1.60 in November.

victoria.main@afxnews.com

vm/jlw

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