Interestingly, the UK retail sales showed a surprise 1.9% rise in January despite the gloomy mood of the British consumers.
Adding to the gloomy mood, European Central Bank governing council member Ewald Nowotny said he didn't see the euro-zone economy improving significantly in the near future.
On balance, people now think that their own personal finances will improve rather than get worse over the next 12 months, a turnaround from the gloomy mood at the start of 2009.
His comments point to the gloomy mood in the economy due to bureaucratic red-tapism and slow policy reforms which observers blame for stalling numerous industrial projects and disenchanting foreign investors, leading to a slew of economic troubles such as high inflation and wide fiscal and current-account deficits.
Ray Manzarek, a founding member of the 1960s rock group The Doors whose versatile and often haunting keyboards complemented Jim Morrison's gloomy baritone and helped set the mood for some of rock's most enduring songs, has died.
Lately, though, the mood has been less gloomy, even though average property prices are 90% below their peak and still falling.
The mood among Labour MPs is gloomy to say the least with many taking the clear view that the next election is already lost.
Still, despite Lebanon's understandably gloomy mood, it is clear that the elections, however tainted, will produce real change.
But the mood for the immediate future has turned distinctly gloomy.
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