Unlock Premium Data: Up to 50% Off InvestingProCLAIM SALE

Eurozone economic sentiment dips for eighth straight month in August

Published 08/30/2018, 01:57 PM
© Reuters.  Eurozone economic sentiment dips for eighth straight month in August
  • Eurozone economic sentiment eased to 111.6 in August, from 112.1 in July pulled down by less optimism in industry and services.
  • Business climate indicator fell to 1.22 in August from 1.30 in July, following a similar downward path from a peak of 1.63 in January.
  • The easing of sentiment in August came with a decline of the indicator for industry, to 5.5 from 5.8, although production expectations rebounded after a July decline.
  • Sentiment in services, which generate more than two thirds of euro zone gross domestic product, dipped to 14.7 from 15.3 in July, with worsening demand expectations.
  • Consumer inflation expectations over the next 12 months rose to 18.2, close to the long-term average of 18.6. Selling price expectations in industry increased to 10.3 from 9.6 in July.
  • Source: Investing.com
  • Now read: Italy: 'Everything Is Awesome, Everything Is Cool'? Only In The Lego Movie

Original article

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.