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Euro space client confidence drops to -Three.9 vs -Three anticipated

“In November 2018, the DG ECFIN flash estimate of the patron confidence indicator decreased markedly within the euro space (1.2 factors down) and the EU (1.zero factors down),” the European Fee mentioned.

Key takeaways from the press launch

At −Three.9 factors (euro space) and −Three.7 factors (EU), each indicators stay effectively above their respective long-term averages of −12.zero (euro space) and −11.1 (EU). In October, the Financial Sentiment Indicator (ESI) decreased in each the euro space (by 1.1 factors to 109.eight) and the EU (by zero.eight factors to 110.four).


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