Monday, July 30, 2007

European Business, Consumer Confidence May Have Declined for Second Month

(Bloomberg) -- European business and consumer
confidence probably fell for a second month in July as the euro's
appreciation and higher oil prices threatened to curb economic
growth, a survey of economists shows.

The European Commission's index of sentiment among
executives and consumers in the euro region declined to 111.2
from 111.7 in June, according to the median of 29 forecasts in a
Bloomberg News survey. Inflation stayed at 1.9 percent in July, a
separate survey shows.


Read more at Bloomberg Bonds News

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