Economic sentiment index in the euro area stagnates at a one-year low

Economic sentiment in the eurozone stagnates
The euro area economic sentiment indicator (ESI) remained broadly unchanged in May, rising 105.0 points from a downward adjustment of 104.9 in April. The market expected 104.9 points for May.
Overall business confidence at a low level not seen for a year has stagnated as high inflation and the war in Ukraine continue to worsen the sentiment. (MTI)
Related news
The economic sentiment index deteriorated in the EU and the euro area in August, but improved in Hungary
The economic sentiment index in the euro area and the…
Read more >Eurozone economic activity unexpectedly rose to a yearly high in August
The eurozone private sector unexpectedly improved in August, showing its…
Read more >Producer prices in the euro area and the European Union increased in June, both month-on-month and year-on-year
Producer prices in the eurozone and the European Union rose…
Read more >Related news
Danone lines up yogurt facility expansion amid “explosive growth” in US
The Activia brand owner has made a “multi-million dollar investment”…
Read more >Denmark plans to scrap taxes on coffee, confectionery
The complete removal of taxes on coffee and confectionery is…
Read more >Katalin Neubauer: margin stop and mall stop do not serve the interests of retail
The government has extended the margin cap and tightened the…
Read more >