Business and Consumer Surveys Results, August 2016, EC

Page created: Tuesday, 30 August 2016 14:47GMT

Press Release:  30 August 2016 - 21 Page(s)
Economic Sentiment  Economic Sentiment Indicator

In August, the Economic Sentiment Indicator (ESI) decreased in the euro area (by 1.0 points to 103.5) and the EU (by 0.9 points to 103.8).

The deterioration of euro-area sentiment resulted from weakened confidence in all business sectors but construction, as well as, to a lesser extent, among consumers. The ESI declined in four of the five largest euro-area economies, namely in the Netherlands (-3.6), Italy (-2.1), Spain (-1.5) and Germany (-1.1), while it booked an increase in France (+0.8).

Original title:  August 2016: Economic Sentiment decreases in both the euro area and the EU

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Tuesday, 30 August 2016 14:50