Details of the March 2016 Eurozone economic sentiment and final consumer confidence report 30 March 2016
- Prior 103.8. Revised to 103.9
- Business climate 0.11 vs 0.08 exp. Prior 0.07. Revised to 0.09
- Industrial sentiment -4.2 vs -4.2 exp. Prior -4.4. Revised to -4.1
- Services sent 9.8 vs 10.8 exp. Prior 10.6. Revised to 10.8
- Construction sent -20.8 vs -17.6 prior
- Consumer confidence final -9.7 vs 9.7 exp. Prior -8.8
- Consumer inflation exp 2.1 vs 3.7 prior
- Selling price exp -4.4 vs -5.5 prior. Revised to -5.6
A further dip in sentiment which has been running pretty strongly since 2012. Worse news on the price expectation front. Inflation expectations drop and selling prices haven't been expected to rise since late 2014.
Eurozone selling price expectations
One thing to note, the data was collected just before the Brussels terrorist attack so we should perhaps expect the numbers to dip again next month if that reason features prominently among participants.
