Euro-Area Consumer Confidence Unexpectedly Declines

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Euro-Area Consumer Confidence Unexpectedly Declines

Euro-area consumer confidence unexpectedly fell for the first time in four months in April, according to a European Commission release on Tuesday. The decline ends a string of modest gains that looked to have put a floor on the drop in sentiment seen through most of 2018. It comes days after Purchasing Managers Indexes kicked off the second quarter on a disappointing note.

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