Press Release: February 2011: Economic sentiment on the rise again in both the EU and the euro area

The indicator increased strongly, climbing by 1.4 points to 107.2 in the EU and by 1 point to 107.8 in the euro area. A significant rise in sentiment in services was the main driver of the improvement. Confidence in industry and construction also contributed to the overall improvement, as well as confidence among euro area consumers.