Euro Area: Economic sentiment ticks down in April
Sentiment in the Eurozone rose to 95.6 in April from 96.2 in March. Consequently, the index remained below its long-run average of 100, signaling persistent pessimism.
Sentiment in the construction, industrial, retail and services sectors weakened. Conversely, consumer confidence strengthened.
In terms of specific countries, sentiment dipped in France and Italy, while it increased in Germany, the Netherlands and Spain.