- Economic confidence 95.9 vs 96.2 expected
- Prior 96.0
- Industrial confidence -10.1 vs -9.6 expected
- Prior -9.9
- Services confidence 6.5 vs 6.4 expected
- Prior 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.
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