Eurozone Economic Sentiment Improves in July

Economic sentiment in the Eurozone rose more than expected in July to 82.3 points from a revised reading of 75.8 in June, according to data by the European Commission.

The improvement comes amid the easing of lockdowns and preventive measures against the coronavirus disease (COVID-19).

The industry sentiment recorded -16.2 up from -21.6 in June, while sentiment in the services sector recorded -26.1 in July, compared with -35.5 in the previous month.