Euro area economic confidence rose to 94.4 in February from 93.4 in January, beating forecasts of 94.0. Business climate indicator also showed improvement to -0.18 compared with a prior of -0.21, yet lower than estimates of -0.15.

Consumer confidence inched down to -20.3 from both prior and anticipated readings of -20.2, where January's reading was revised down to -20.6.

Finally, industrial confidence reached -5.8, above forecasts of -6.9 and a preceding of -7.2, revised up to -7.0 while services confidence came in at -0.9, below both analysts' forecasts and prior readings of -0.6, where January's reading was revised to -0.7.