Sentiment not good in the euro zone: The Economic Sentiment Indicator fell in January compared to the previous month. One sector in particular is affected.
The economic mood in the eurozone surprisingly deteriorated in January.
The Economic Sentiment Indicator (ESI) fell by 1.1 points to 112.7 points compared to the previous month, as the European Commission announced on Friday in Brussels. Analysts had expected an average of 114.5 points.
After the significant decline in the previous month, the mood in the service sector deteriorated again. The industry is suffering particularly badly from the corona restrictions. But the mood also clouded over in industry, in the construction industry and among consumers. In retail it improved somewhat.
The indicator improved slightly in Germany and Spain. He fell significantly in Italy. But it also deteriorated in France. Sentiment also clouded over in the EU as a whole.
Source From: Stern
Jane Stock is a technology author, who has written for 24 Hours World. She writes about the latest in technology news and trends, and is always on the lookout for new and innovative ways to improve his audience’s experience.
