European economic mood brightens on growth hopes, survey shows

Berlin, Aug 28 (DPA) The economic mood continues to brighten in Europe with a key sentiment survey released Friday rising more than expected this month.

The European Commission said its closely watched economic sentiment indicator for the 16-member eurozone climbed for the fifth consecutive month in August.

The commission said its indicator rose from a 76 in July to 80.6 this month as the economic mood continues to lift across eurozone industry. Analysts had forecast that the indicator would edge up to 78.4.