Eurozone Economic Confidence Fell in November, Matching Expectations

ZURICH (MaceNews) – Economic sentiment in the countries sharing the euro fell in November, falling 1.1 points to 117.5, according to the latest report from the European Commission.

The result was exactly in-line with the median of an Econoday survey of economists’ forecasts.

Among sectors for the eurozone in November the results were as follows:

  • Industrial sentiment 14.1 vs 14.2 in October; Econoday Median 13.9
  • Consumer sentiment -6.8 vs -4.8 in October; Econoday Median -6.8
  • Services sentiment 18.4 vs 18.0 in October
  • Retail sentiment 3.7 vs 1.9 in October
  • Building sentiment 9.0 vs 8.6 in October

For the broader European Union, sentiment also fell, dropping to 116.5 from 117.6 in October, according to the report..

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