In April, the economic mood in the euro area worsened

In April, the economic mood in the euro area worsened
In April, the economic mood in the euro area worsened
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Published: 2024-04-29 15:37

Photo of Judita Grigelyts (V).

The Eurozone’s general economic sentiment index fell to 95.6 points in April from 96.2 points in March, according to data published by the European Commission on Monday.

Such a result exceeded the forecasts of economists and analysts, who predicted growth to an average of 96.9 points, according to Trading Economics.

The producer confidence index decreased from minus 8.9 points to minus 10.5 points during the month, reaching the lowest since 2020. July.

The service provider’s trust index decreased from 6.4 to 6.0 points, the builder’s from minus 5.6 points to minus 6.0 points, the retailer’s from minus 6.0 points to minus 6.8 points.

Meanwhile, the consumer confidence index rose from minus 14.9 points to minus 14.7 points.

In the largest economies of the euro zone, the economic mood worsened in France and Italy during the month, and improved in Spain, Germany and the Netherlands.


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Topic Finance


The article is in Lithuanian

Tags: April economic mood euro area worsened

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