southcoasttoday.com
 

Jul 28, 5:47 AM EDT

A broad-based European Union survey shows economic sentiment has taken a battering in Britain in the wake of the country's vote to leave the bloc, but has remained resilient elsewhere in Europe


Multimedia
A district summary of the Beige Book
Measuring economic stress by county nationwide
Mall malaise: shoppers browse, but don't buy
Unemployment by the numbers
Family struggles with father's unemployment
Saying an affordable goodbye
Hard times hit small car dealer
Latest Economic News
A broad-based European Union survey shows economic sentiment has taken a battering in Britain in the wake of the country's vote to leave the bloc, but has remained resilient elsewhere in Europe

Official figures show Britain's economy grew faster than expected in the second quarter _ which mostly pre-dates the vote to leave the European Union _ with expansion across services, particularly in retailing and auto manufacturing

Japan's government and central bank appear to be readying a fresh dose of economic stimulus to help revive stalling growth

The U.N.'s Economic Commission for Latin America and the Caribbean is projecting a 0.8 percent slide in the region's economy this year

Nigeria's central bank hikes interest rate to 14 percent as recession looms for oil-rich state

A trade group is raising its forecast for retail sales growth this year to 3.4 percent, with more help from online sales, as the economy improves

South Korea's economic growth improved in the second quarter of the year, helped by stronger private spending and housing construction

A closely watched index of German business optimism has declined in July following Britain's vote to leave the European Union

Global finance officials promised Sunday to protect the world economy from the shockwaves of Britain's European Union referendum and to boost sluggish growth

Britain's economy appears to be shrinking at its fastest pace since the global financial crisis as a result of the vote to leave the European Union, but the rest of the region is holding up well, surveys showed Friday

Interactives
Greece's Debt Threatens to Spread
State budget
gaps map
Auto industry problems trickle down, punish Tennessee county
Women give old Derby hats a makeover in tough economy
S.C. town deals with highest unemployment in South
How mortgages were bundled and sold as securities
Tracking the $700 billion financial bailout
Tracking the year's job losses
State-by-state foreclosures since 2007
Credit crisis explained
Presidents and their economic legacies
Lexicon of the financial crisis
Americans' addiction to debt

LONDON (AP) -- A broad-based European Union survey shows economic sentiment has taken a battering in Britain in the wake of the country's vote to leave the bloc, but has remained resilient elsewhere in Europe.

In its monthly assessment of economic conditions across the EU, the European Commission says its economic sentiment indicator for the 19-country eurozone rose by 0.2 points to 104.6 in July. For the wider-EU, which also includes non-euro countries, the indicator slipped 0.9 points to 104.8 largely because of a dramatic 4.4-point slippage in Britain.

The Commission's assessment is the latest in a series of indicators to show that Britain's economic outlook has darkened in the immediate aftermath of the June 23 vote to leave the EU. In contrast, the survey echoes other findings indicating strength in the eurozone.

© 2016 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Learn more about our Privacy Policy and Terms of Use.