August 2018 Eurozone economic sentiment and final consumer confidence 30 August 2018

  • Prior 112.1
  • Business climate 1.22 vs 1.28 exp. Prior 1.29
  • Industrial sentiment 5.5 vs 5.5 exp. Prior 5.8
  • Services sentiment 14.7 vs 15.1 exp. Prior 15.3
  • Consumer confidence final -1.9 vs -1.9 exp. Flash -1.9. July -0.6
  • Inflation expectations 18.2 vs 18.0 prior
  • Selling price expectations 10.3 vs 9.7 prior. Revised to 9.6

Slight drops in the headline and some of the components. Inflation expectations hold up well though and will be noted by the ECB. What’s not so good from this data is that it’s the 8th straight month the headline has dropped.

Ryan Littlestone

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