June 2016 Eurozone economic sentiment 104.4 vs 104.7 exp

29 June 2016, 11:03
Sherif Hasan
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June 2016 Eurozone economic sentiment and final consumer confidence report 29 June 2016

  • Prior 104.7
  • Business climate 0.22 vs 0.26 exp. Prior 0.26
  • Industrial sentiment -2.8 vs -3.4 exp. Prior -3.6
  • Services sentiment 10.8 vs 11.0 exp. Prio r11.3
  • Consumer confidence final -7.3 vs -7.3 exp. Flash -7.3. May -7.0
  • Inflation expectations 5.1 vs 3.4 prior
  • Selling price expectation 0.7 vs -0.7 prior
Sentiment just about holds up and the jump in inflation expectations will be music to the ECB's ears, as long as it holds up.
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