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Euro zone confidence highest in January since July 2011

Published on Jan 30, 2014 6:44 PM

BRUSSELS (AFP) - Eurozone economic confidence increased in January to the highest level since July 2011, a key European Commission indicator showed on Thursday.

Confidence in the 18-nation area stood at 100.9 points against 100.4 in December, the EU executive said.

The EU's ESI indicator showed confidence notably on the rise in major economies Germany (0.7 points), where confidence was at its highest since August 2011, and in France (1.1 points), the highest since April 2012.

Confidence remained stable overall in Italy and Spain, but fell 1.0 point in the Netherlands.

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