- 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
- ETFs: EWG, DAX, GF, DXGE, HEWG, DBGR, EWGS, FGM, QDEU, FLGR
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