Details from the May 2016 Eurozone economic sentiment and final consumer confidence report 30 May 2016

  • Prior 103.9

  • Business sentiment 0.26 vs 0.16 exp. Prior 0.13

  • Industrial sent -3.6 vs -3.6 exp. Prior -3.7

  • Services sent 11.3 vs 11.0 exp. Prior 11.5

  • Consumer confidence final -7.0 vs -7.0 flash. April -9.3

  • Consumer inflation expectation 3.4 vs 2.9 prior

  • Selling price expectations -0.7 vs -2.4 prior

The early blip in confidence looks like it has reversed. The jump in inflation expectations will be a positive to the ECB, particularly with the mon pol meeting this week.

Inflation expectations