Eurozone economic sentiment June 2018 112.3 vs 112.0 exp

June 2018 Eurozone economic sentiment and cionsumer confidence final 28 June 2018

• Prior 112.5
• Business climate 1.39 vs 1.40 exp. Prior 1.45. Revised to 1.44
• Industrial sentiment 6.9 vs 6.4 exp. Prior 6.8. Revised to 6.9
• Services sentiment 14.4  vs 14.2 exp. Prior 14.3. Revised to 14.4
• Consumer confidence final vs -0.5 exp. Flash -0.5. May 0.2
• Consumer inflation expectations 17.5 unch
• Selling price expectations 9.9 vs 9.3 prior

Not as bad as expected and only a small drop on last month. Consumer confidence confirmed in the negative. Inflation expectations are important to the ECB and they stay steady.

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Ryan Littlestone

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