Navigation path

Economic sentiment declines markedly in both the EU and the euro area in April

In April, the Economic Sentiment Indicator (ESI) decreased by 3.8 points in the EU and by 2.5 points in the euro area, to 98.1 and 97.1 respectively. The fall in the EU indicator more than offset the rebound registered in March. In both regions, the ESI now stands below its long-term average.

30.04.2008

The decrease in the sentiment indicator for the EU reflects a decline in confidence across all five sectors, with a marked drop in services and retail trade. In the euro area, sectoral developments were broadly similar; with the exception of consumer confidence, which remained unchanged from March.

A large majority of countries reported decreasing sentiment in April. Confidence is worsening in all large Member States, notably so in the UK (-8.9). The declines are more moderate in  the Netherlands (-4.5), Spain (-3.2), and France (-2.5), while they are small in Italy (-1.6), Poland (-1.4), and Germany (-1.2).

>>> See the results

Additional tools

  • Print version 
  • Decrease text 
  • Increase text