Latest data released by Eurostat - 8 January 2020
- Prior -7.2
- Economic confidence 101.5 vs 101.4 expected
- Business climate indicator -0.25 vs -0.18 expected
- Industrial confidence -9.3 vs -9.0 expected
- Services confidence 11.4 vs 9.5 expected
A bit of a mixed bag as business outlook and industrial confidence eases a little while services confidence rises strongly amid a mild uptick in economic confidence as well.
Overall, this still points towards more sluggish economic sentiment in the euro area economy to end last year. As mentioned before, any imminent signs of a rebound is still some way off.