Economic confidence 95.9 vs 96.2 expectedPrior 96.0Industrial confidence -10.1 vs -9.6 expectedPrior -9.9Services confidence 6.5 vs 6.4 expectedPrior 6.5
Euro area economic sentiment eased a touch in June, with manufacturing confidence being the slight drag. Adding to that, consumer inflation expectations did nudge up a little to 13.1 – up from 12.5 previously. It points to a more tentative outlook despite the resilience in Q1 in the region.
This article was written by Justin Low at www.forexlive.com.
