Eurozone economic confidence recovered more than expected this month, even as idle capacity in the region’s industrial sector hit a record high, according to a European Commission survey.

In the latest sign that the pace of economic contraction has decelerated, the Commission reported that its eurozone “economic sentiment indicator” rose 3.1 points to 73.3 in June, the highest since last November. Optimism rose among consumers, in the service sector and to a lesser extent in industry, it said.