HomeLive CommentsEurozone economic sentiment rose to 102.8 on industry and construction

Eurozone economic sentiment rose to 102.8 on industry and construction

ActionForex
By ActionForex

Eurozone Economic Sentiment Indicator rose to 102.8 in January, up form 1013, beat expectation of 102.0. That was a result of marked improvement in confidence in industry (up 2.0 to -7.3) and construction (up 1.2 to 6.9). Services confidence was virtually unchanged (down -0.3 to 11.0.

Amongst the largest euro-area economies, the ESI rose strongly in Germany (+2.0) and France (+1.5), while it remained broadly stable in the Netherlands (-0.3) and Italy (-0.1) and decreased in Spain (-1.0)

Business Climate Indicator rose to -0.23, up from -0.32, beat expectation of -0.26.

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