Romania Aug Econ Sentiment Improves On Retail Comeback

In its latest business and consumer survey, the Commission said confidence in the Romanian retail trade was up three points to minus 13 in August, after a four points decline a month earlier.

Confidence in construction also gained three points to minus 40 points, while industry confidence was flat at minus 9 points.

Consumer confidence rose to minus 59 points, from minus 62 a month earlier, while confidence in services was down one point to minus 10.

In the EU, economic sentiment increased 0.6 points to 102.7, after a nearly 2 points surge in July, the Commission said.

The eurozone economic sentiment indicator was up 0.7 points to 101.8 in August.