Confidence among businesses in the eurozone was broadly stable this month, pointing to modest growth in the 20-nation currency area that has so far weathered the impact of trade tariffs and political uncertainty.
The European Commission said Thursday its Economic Sentiment Indicator, or ESI, which measures attitudes of businesses across multiple sectors of the economy, inched up to 97.0 in November from 96.8 in October. That was broadly in line with the 97.1 consensus from economists polled by The Wall Street Journal, albeit still remaining below its long-term average of 100.
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