In April, economic sentiment in the euro area deteriorated to an 11-year low
April saw the largest drop in the business sentiment of euro area economies. According to a survey published by the European Commission’s Directorate-General for Economic and Financial Affairs (DG EcFin) on Wednesday, the economic sentiment index approached an 11-year low, and set a negative record in the services industry.
In April, the Eurozone Economic Sentiment Indicator (ESI) fell the most ever, by 27.2 points from the previous month to 67.0 points, the lowest since March 2009. Analysts expected a smaller drop of 74.7 points in April after the 94.2 points in March. (MTI)
Related news
In October, the economic performance of the Eurozone decreased slightly
In October, the economic performance of the Eurozone decreased modestly,…
Read more >
In the euro area, the rate of increase in consumer prices slowed down in September
In September, the annual inflation rate in the euro zone…
Read more >
Economic sentiment improved in the EU and the Eurozone in August
In August, the economic sentiment index in the Eurozone and…
Read more >Related news
DélKerTÉSZ: record quantities of Hungarian vegetables in supermarkets
DélKerTÉSZ sold a record volume of Hungarian vegetables to domestic…
Read more >
Anora Group’s expansion in the Baltic region
In order to strengthen its position in the Baltics, premium…
Read more >
Prices rose by 3.7% in November
Following a 3.2% year-on-year increase in October, consumer prices in…
Read more >
