Gloomier mood in the eurozone
Photo: Michael Probst AP/TT

Gloomier mood in the eurozone as economic sentiment falls in April

Economic sentiment in the eurozone deteriorated in April. The European Commission's economic sentiment index fell to 93.0 from 96.2 in March. The decline was the third consecutive month of worsening sentiment.

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The largest declines were in Ireland and Germany.

Household sentiment fell the most among the sectors covered by the EU index, to minus 20.6 from minus 16.4 in March.

For the services sector, the index fell to 0.9 in April from 4.1 in March. For the manufacturing sector, the index fell to minus 7.7 from minus 7.0.

A separate indicator also shows that uncertainty about future economic conditions is increasing.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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