<ul><li>Economic confidence 95.8 vs 94.7 expected</li><li>Prior 93.7</li><li>Industrial confidence -1.5 vs -1.2 expected</li><li>Prior -2.0</li><li>Services confidence 6.3 vs 3.5 expected</li><li>Prior 2.3</li></ul><p style=““ class=“text-align-justify“>Amid a better economic showing during the winter, helped by milder weather conditions, euro area economic sentiment improved but the outlook remains subdued as recession risks are still on the cards. Of note, consumer inflation expectations declined further to 23.7 in December – down from 30.1 in November.</p>

This article was written by Justin Low at www.forexlive.com.

<ul><li>Prior -1.8%</li></ul><p style=““ class=“text-align-justify“>Euro area retail sales picked up by more than expected in November, owing to more sales of fuel at petrol stations. That comes as energy prices come off further in the region amid milder weather conditions during the winter.</p>

This article was written by Justin Low at www.forexlive.com.