Euro-Area Consumer Sentiment Improves Less Than Forecast
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Euro-area consumer confidence increased less than economists forecast in September, as the 17-nation currency bloc struggled to overcome the legacy of a debt crisis now in its fourth year.
An index of household confidence in the euro zone improved to minus 14.9, the highest level since July 2011, from minus 15.6 a month earlier, the European Commission in Brussels said in a preliminary report today. Economists had forecast an increase to minus 14.5, according to the median of 23 estimates in a Bloomberg News survey.