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Monday, results of the latest Sentix survey revealed that the headline indicator for Eurozone rose to minus 17 for August, which was the highest reading since August 2008. Economists were expecting the index to rise to just minus 25.8 from minus 31.3 in July.
Among the sub indicators, the current situation index moved up to minus 39 from minus 53.75 and the expectations index showed a positive reading of 8 points in August, after reporting a negative reading of 5.5 points in July.
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