Eurozone Consumers' Mood Improves a Little
The European Commission's flash consumer-confidence indicator for the eurozone rose to minus 14.7 in July from minus 15.3 in June. The less pessimistic mood comes on the back of a series of interest-rate cuts by the European Central Bank since last summer, and a rate of annual price inflation that is now holding steady around the 2% mark considered optimal by the ECB.
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