Consumer confidence in the 17-member eurozone rose more than forecast in August amid signs that the region's economy is on the path to recovery from a protracted recession, data released Friday showed, according to dpa. The mood among households in the currency bloc rose to minus 15.5 points this month, from minus 17.4 in July, the European Commission said. Analysts had expected an indicator reading of minus 16.5 points. The release of the latest consumer confidence survey comes after the eurozone emerged from an 18-month recession during the second quarter. Since then, signs have emerged that the economy has continued to build up momentum. Economic output in the eurozone rose faster than expected this month, according to a closely watched composite Purchasing Managers' Index by the London-based market research group Markit. -- SPA 19:55 LOCAL TIME 16:55 GMT تغريد
