India, April 29 -- Euro area economic sentiment deteriorated further in April largely reflecting the difficulties in the industrial sector, survey data revealed on Monday. The economic confidence index dropped to 95.6 in April from 96.2 in the previous month, the European Commission said. The expected reading was 96.9. The economic sentiment index deteriorated notably in industry, and services, retail trade and construction experienced moderate falls. Only consumer confidence improved from March.
Reflecting the deterioration in the assessment of the current order book, the industrial confidence index fell to -10.5 from -8.9 in the previous month.
The services confidence indicator posted 6.0 in April, down from 6.4 a month ago.
At the sam...