October 2017 Eurozone economic entiment and final consumer confidence data 30 October 2017

  • Prior 113.0
  • Business climate 1.44 vs 1.41 exp. Prior 1.34
  • Industrial sentiment 7.9 vs 7.1 exp. Prior 6.6
  • Services sentiment 16.2 vs 15.4 exp. Prior 15.3
  • Consumer confidence final -1.0 vs -1.0 exp. Flash -1.0.
  • Consumer inflation expectations 14.7 vs 14.2 prior
  • Selling prices 8.6 vs 10.5 prior

The confidence in Europe is strong and the ECB will be mindfull of those inflation expectations numbers. They’re still not at pre-crisis levels but they’re heading in the right direction still.

Eurozone consumer inflaton expectations 30 10 2017

Eurozone consumer inflation expectations

EURUSD doing nothing at 1.1634.

 

 

Ryan Littlestone

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