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Eurozone October final consumer confidence -17.9 vs -17.9 prelim

October 30, 2023 by admin 0 Comments

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Economic confidence 93.3 vs 93.0 expected
Prior 93.3; revised to 93.4
Industrial confidence -9.3 vs -9.5 expected
Prior -9.0; revised to -8.9
Services confidence 4.5 vs 3.4 expected
Prior 4.0; revised to 4.1

Euro area economic sentiment is little changed on the month, as the slowdown is going as expected in the region. The good news is that perhaps inflation pressures are easing further and that conditions are not worsening at a much more rapid pace, especially in Germany. The Q3 GDP report earlier here does point to some relief.

This article was originally published by Forexlive.com. Read the original article here.