Economic Sentiment of Businesses and Consumers in the Eurozone
Eurozone| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The Economic Sentiment Indicator is a measure of how optimistic or pessimistic businesses and consumers in the Eurozone are about the economic situation. This data is published monthly by the European Commission and is crucial for assessing confidence in the overall economy.
The index aggregates confidence levels from the industrial, services, retail, and consumer sectors, reflecting assessments of current economic activities and future prospects. A high index indicates strong optimism about the overall economy, potentially leading to increased consumption and investment. Conversely, a low index suggests strong pessimism, which could suppress consumption and investment.
This data serves as a reference for policymakers to evaluate the current state and outlook of the economy and to formulate appropriate policies. It is also an important source of information for businesses and investors to gauge economic confidence and make economic forecasts.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
