Eurozone Economic Sentiment Indicator rose 2.7 pts to 90.4 in December. Employment Expectation Indicator rose 1.4 pts to 88.3. Amongst the largest euro-area economies, the ESI increased significantly in Italy (+6.8), Spain (+3.3) and, to a lesser extent, in the Netherlands (+2.5) and France (+2.1), while it remained broadly unchanged in Germany (+0.1).
Looking at some details, industrial confidence rose from -10.1 to -7.2. Services confidence dropped from -17.1 to -17.4. Consumer confidence rose from -17.6 to -13.9. Retail trade confidence rose from -12.7 to -13.1. Construction confidence dropped from -9.3 to -7.9.
