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Economic sentiment in the euro area stabilized in April after three consecutive declines, indicating economic growth in the single currency area could pick up after a weak first quarter.
The economic sentiment index for the eurozone remained unchanged at 112.7 points in April as an increase in consumer confidence and broadly steady industry confidence offset declines in services, retail trade and construction.
Consumer confidence increased by 0.3 of a point from the previous month on households' more optimistic expectations about future unemployment, savings and their own financial...