Eurozone Economic Sentiment Ticks Up Only Slightly in April

Confidence among businesses and consumers in the eurozone rebounded only marginally in April, suggesting slowing momentum of an economic revival in the bloc as cost-of-living pressures weigh.

The eurozone’s economic sentiment indicator—an aggregate measure of business and consumer confidence—increased to 99.3 in April from an downwardly revised 99.2 in March, data from the European Commission showed Thursday.