- Economic confidence 96.5 vs 98.9 expected
- Prior 99.3
- Industrial confidence -5.2 vs -4.0 expected
- Prior -2.6
- Services confidence 7.0 vs 10.2 expected
- Prior 10.5
Euro area economic sentiment slides further in May, with services confidence also impacted alongside the subdued showing in the manufacturing sector. That's not a good look in terms of morale but at least consumer inflation expectations is seen falling further - down to 12.2 from 15.0 previously.
