Details of the September 2016 Eurozone economic sentiment and final consumer confidence report 29 September 2016
– Business sentiment 0.45 vs 0.05 exp. Prior 0.02
Better numbers for Europe but so far it’s not been matched with the appropriate activity. The ECB will be happy the inflation expectations are up but they’ve been higher. What is notable is that it’s been over a year since we saw a negative reading.