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27 Feb 2014
EMU: Consumer Confidence at -12.7 in February, as projected
FXStreet (Barcelona) - Eurozone Consumer Confidence dropped a notch to -12.7 in February, from -11.7 in January, the European Commission reported on Thursday. This result is in line with market consensus.
Eurozone Business Climate ticked up to 0.37 in February, from 0.25 in January, against expectations of a decrease to 0.20.
The Economic Sentiment Indicator rose to 101.2 from 101.0 and against forecasts of declining to 100.9.
Industrial Confidence decline slowed down from -3.8 to -3.4, against expectations of -4.0. Services Sentiment improved to 3.2 from 2.4 and above market consensus of an increase to 2.5.
Eurozone Business Climate ticked up to 0.37 in February, from 0.25 in January, against expectations of a decrease to 0.20.
The Economic Sentiment Indicator rose to 101.2 from 101.0 and against forecasts of declining to 100.9.
Industrial Confidence decline slowed down from -3.8 to -3.4, against expectations of -4.0. Services Sentiment improved to 3.2 from 2.4 and above market consensus of an increase to 2.5.