29 Apr 2015
Eurozone economic sentiment indicator falls to 103.7 in April
FXStreet (Mumbai) - The Eurozone economic sentiment indicator in April fell to 103.7 compared to the expectation of 103.9.
Inflation expectations rise
The inflation expectations rose to 0.7, compared to the -0.8 in the previous month. Meanwhile, selling price expectations declined to 2.9, compared to the downwardly revised -4.6 in March. Though the headline figure is negative, the rise in the inflation expectations is a big positive.
The consumer confidence in April remained unchanged at -4.9, while services sentiment improved to 6.7, compared to the expectation of 6. The industrial confidence dipped to -3.2, beating the estimated decline to -2.8.
Inflation expectations rise
The inflation expectations rose to 0.7, compared to the -0.8 in the previous month. Meanwhile, selling price expectations declined to 2.9, compared to the downwardly revised -4.6 in March. Though the headline figure is negative, the rise in the inflation expectations is a big positive.
The consumer confidence in April remained unchanged at -4.9, while services sentiment improved to 6.7, compared to the expectation of 6. The industrial confidence dipped to -3.2, beating the estimated decline to -2.8.