Eurozone June final consumer confidence -16.1 vs -16.1 prelim

  • Latest data released by the European Commission - 29 June 2023
  • Economic confidence 95.3 vs 96.0 expected
  • Prior 96.5; revised to 96.4
  • Industrial confidence -7.2 vs -5.5 expected
  • Prior -5.2; revised to -5.3
  • Services confidence 5.7 vs 5.5 expected
  • Prior 7.0; revised to 7.1

There is a slight dip to euro area economic confidence, mainly from a struggling services outlook this time around. This was also evidenced by the PMI data last week and points to some shaky ground ahead of the summer.

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