Economists polled by Reuters had expected an improvement to 99.8 points. Sentiment in industry slumped much more than expected to -0.2 from 0.4 in February. In services, the biggest sector of the euro zone economy, optimism eased to 9.4 from 9.5 in February against expectations of a rise to 10.3. Inflation expectations among consumers, having steadily declined since September, rebounded again to 18.9 points in March from 17.7 in February, the Commission survey showed. But selling price expectations among manufacturers fell sharply to 18.7 in March from 23.5 in February. (Reporting by Jan Strupczewski; Editing by Sharon Singleton)
Messaging: jan.strupczewski.reuters.com@reuters.net)) BRUSSELS, March 30 (Reuters) - Euro zone economic
sentiment defied market expectations for another slight
improvement and deteriorated in March, pulled down by a sharp
decline in optimism in the two main sectors of the economy -
industry and services, data showed on Thursday.
The European Commission's monthly survey showed economic
sentiment in the 20 countries sharing the euro eased to 99.3
points in March from a downwardly revised 99.6 in February.
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