Euro Area: Economic sentiment broadly stable in April

Euro Area Economic Sentiment March 2023

Euro Area: Economic sentiment broadly stable in April

Sentiment in the Eurozone rose to 99.3 in April from 99.2 in March. Consequently, the index remained entrenched below its long-run average of 100, signaling persistent albeit moderate pessimism.

Sentiment in the services, retail and construction sectors increased. Additionally, consumer sentiment strengthened. However, employment expectations lost some ground. Moreover, sentiment in the industry sector dropped. Selling price expectations eased in all sectors

In terms of specific countries, sentiment rose in Germany, Italy and Spain while it fell in France and the Netherlands.

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