- Economic confidence 99.0 vs 102.0 expected
- Prior 104.0; revised to 103.5
- Industrial confidence 3.5 vs 6.0 expected
- Prior 7.4; revised to 7.0
- Services confidence 10.7 vs 13.5 expected
- Prior 14.8; revised to 14.1
Eurozone economic sentiment continues to deteriorate with the above readings falling more than expected, underscoring the worsening outlook in the region. A recession is at the doorstep and the ECB's window to tighten policy is drawing ever closer to a close.
