Prior -14.0Economic confidence 95.8 vs 95.4 expectedPrior 95.9Industrial confidence -10.5 vs -10.7 expectedPrior -10.1; revised to -10.2Services confidence 4.8 vs 5.5 expectedPrior 6.5; revised to 6.2
Of note, the employment expectations indicator dipped below its long-term average of 100 for the first time since April 2021. That suggests some softness to the labour market outlook moving forward.
This article was written by Justin Low at www.forexlive.com.
