Eurozone economic sentiment index (ESI) dropped a mere -0.2 to 112.3 in June, slightly above expectation of 112.1. Among the Eurozone countries, ESI rose 1.2 in Italy and 1.0 in France. however, there was a notable -1.8 decline in the Netherlands and -0.8 in Germany.
Eurozone industrial confidence was unchanged at 6.9, above expectation of 6.5. Services confidence was unchanged at 14.4, below expectation of 14.3. Consumer confidence was finalized at -0.5. The business climate indicator dropped -0.05 to 1.39, above expectation of 1.2.
EU economic sentiment index dropped -0.6 to 112.2. That’s mainly due to slight deterioration in the UK by -0.5.
