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Saturday, June 19, 2021

Eurozone May final consumer confidence -5.1 vs -5.1 prelim

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Latest data released by Eurostat – 28 May 2021

  • Economic confidence 114.5 vs 112.3 expected
  • Prior 110.3; revised to 110.5
  • Industrial confidence 11.5 vs 11.5 expected
  • Prior 10.7; revised to 10.9
  • Services confidence 11.3 vs 6.3 expected
  • Prior 2.1; revised to 2.2

The jump in economic confidence owes much to a significant improvement in services sector confidence, as the improving virus situation is bolstering hopes and optimism towards the latter stages of Q2 and what economies hope will be a big summer reopening.
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