All Confidence Indicators Dive Deeper in Europe
Skerdian Meta • 1 min read
Eurozone April Final Consumer Confidence Report
- April final consumer confidence -22.7 vs -22.7 prelim
- Economic confidence 67.0 vs 73.1 expected
- Industrial confidence -30.4 vs -25.0 expected
- Services confidence -35.0 vs -27.0 expected
The final consumer confidence remained unchanged at -22.7 points, which is bad enough, but all other components of this report have been revised much lower. Economic confidence has softened further to 67 points from 73.1 in the first reading, industrial confidence has declined to -30.4 points from -25 and services confidence has also declined to -35 points. This is yet another horrible report and things are going from bad to worse. I mean, you can’t expect any improvement if everyone stays locked down in their homes.