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Image header Agence Europe
Europe Daily Bulletin No. 10429
Contents Publication in full By article 16 / 24
GENERAL NEWS / (ae) eu/economy

Confidence falls in eurozone and EU in July

Brussels, 28/07/2011 (Agence Europe) - The Economic Sentiment Indicator (ESI), which translates business confidence on the part of companies and consumers fell in the eurozone in July for the fifth month in a row. The ESI was published on Thursday 28 July by the European Commission and fell to 103.2 points, as opposed to 105.4 points in June. This 2.2 point decline is sharper than expected by the economists and is the lowest point of the past year. In the EU27, the ESI also fell by 2.2...