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December economic data for the Eurozone has just been released, revealing a mixed outlook for the coming months.
Consumer confidence has slightly improved, reaching -13.1 compared to -14.6 last month, suggesting a gradual stabilization of household sentiment. The overall economic confidence index stands at 96.7, slightly below expectations of 97.1 and the previous reading of 97.0.
On the sectoral side, nuanced movements are observed. Industrial confidence is at -9.0, a modest improvement compared to estimates of -9.1 and previous -9.3. Meanwhile, the services sector shows a confidence level of 5.6, remaining close to the forecast of 6.0 and slightly above the previous 5.7.
These figures illustrate a gradual but uneven recovery in the region, with some sectors rebounding while others still struggle. An evolving economic context to watch closely for investors.