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30.03.202609:51:23UTC+00Eurozone Services Sentiment Inches Down

The Euro Area services confidence index edged down by 0.1 point in March 2026 to 4.9, its lowest level since October of the previous year, though it remained above market expectations of 3.9. The decline was consistent with other leading indicators for the period, which suggest that businesses have grown less optimistic about the economic outlook following the outbreak of war in the Middle East and the resulting spike in European energy prices. However, sentiment has not deteriorated as sharply as many had feared, as efforts to offset the impact of higher borrowing costs have helped support near-term activity.

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