- Prior -16.1
- Economic confidence 95.4 vs 96.7 expected
- Prior 96.2; revised to 96.1
- Industrial confidence -9.5 vs -9.2 expected
- Prior -9.4; revised to -9.3
- Services confidence 6.0 vs 9.0 expected
- Prior 8.8; revised to 8.4
Euro area economic sentiment worsened in February, with both industrial and services confidence also slipping. That's not a good take on the look and feel of the economy to start the year thus far. Of note, consumer inflation expectations also increased from 12.0 to 15.5 - which is the highest since March last year. That might present some concerns for the ECB to look at for the months ahead, if the trend persists.
