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.

Ryan Littlestone

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