Business and Consumer Surveys Results, October 2016, EC

Page created: Monday, 31 October 2016 8:26GMT

Press Release:  31 October 2016 - 27 Page(s)
Economic Sentiment  Economic Sentiment Indicator

In October, the Economic Sentiment Indicator (ESI) increased by 1.4 points in both the euro area (to 106.3) and the EU (to 106.9).

Improved euro-area sentiment resulted from marked increases in confidence in the industry, services and construction sectors, while confidence in retail trade and among consumers remained broadly flat. Amongst the largest euro-area economies, the ESI rose strongly in Spain (+2.6), Germany (+1.6), Italy (+1.5) and the Netherlands (+1.0). It remained broadly unchanged in France (-0.3).

Original title:  October 2016: Economic Sentiment increases strongly in both the euro area and the EU

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