- Analytics
- News and Tools
- Market News
- Eurozone economic sentiment rebounded
Eurozone economic sentiment rebounded
According to rttnews, Eurozone economic sentiment rebounded strongly in September to is highest level thus far this year from a five-month low in the previous month, survey data from the European Union showed Thursday.
The economic sentiment index climbed to 104.9 from 103.5 in August. Economists had forecast an unchanged reading.
The latest reading was the strongest since January, when the score was 105.1.
The consumer confidence index rose to -8.2 from -8.5, in line with the initial estimate released on September 22. The improvement was the first in four months.
The industrial confidence index rose sharply to -1.7 from -4.3, marking the strongest reading in at least the past 12 months. Economists had forecast a score of -4.2.
The services confidence measure increased to 10 from 9.9. Sentiment also improved in the construction and retail trade sectors.
The business climate indicator climbed sharply by 0.42 points to 0.45. Economists had predicted a score of 0.05.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
