Eurozone Economic Sentiment Falls in Feb

Finance | February 25, 2010, Thursday // 17:32|  views

Economists had forecast a rise to 96.7. Photo by EPA/BGNES

The European Commission on Thursday said its economic sentiment indicator for the 16-nation euro zone fell to 95,9 in February from 96,0 in January, ending 10 consecutive months of improvement.

Economists had forecast a rise to 96.7. Sentiment in the industrial sector rose to -13 from a reading of -14 in January, while the retail sentiment index declined to -9 in February from -5.

Services saw an improvement to 1 from -1, while construction was unchanged at -29. Consumer sentiment fell back a point to -17.

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Tags: economic sentiment, Eurozone

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