The economic mood in the EU and the euro area barely changed in July
The economic sentiment index in the euro area and the European Union barely changed in July compared to the previous month, according to a survey of the European Commission’s Directorate General for Economic and Financial Affairs (DG ECFIN) presented on Tuesday.
The economic sentiment index (Economic Sentiment Indicator, ESI) in the euro area decreased from 95.9 points in June to 95.8 points, and the economic sentiment index of the European Union rose from 96.3 points to 96.4 points in July.
The Employment Expectations Indicator (EEI) weakened by 1.6 points to 98.7 points in the EU and by 1.8 points to 97.8 points in the euro area, thus falling below the long-term average in both regions for the first time since April 2021 .
Based on the final data of DG ECFIN for July, the consumer sentiment index improved by 0.7 points to minus 12.2 points in the European Union, while it rose by 1.0 points to minus 13.0 points in the euro area. The index is starting to approach the long-term average in both regions.
Related news
Inflation in the OECD stagnated at 4.1 percent in August
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Producer prices fell in both the euro area and the European Union in August
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Research: How different generations view social labels
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
K&H Analyst Commentary: Hungarian industry continues to decline
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >KSH: industrial production fell by 7.3 percent compared to the same period of the previous year and by 2.3 percent compared to the previous month
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >NGM: fixed 3 percent SME loan launched on October 6
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >