- Prior -72.2
- Expectations -36.7 vs -50.0 expected
- Prior -59.2
The readings are a beat on estimates as the indicator of economic sentiment ticks higher again in November. That said, this comes after months of decline (a sharp one at that) so the overall outlook remains rather subdued at best. The better sentiment is said to be related to the hope that inflation will come down soon. Well, we shall see.