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Image header Agence Europe
Europe Daily Bulletin No. 10668
ÉCONOMY - FINANCE - BUSINESS / (ae) economy

New fall in economic confidence indicator

Brussels, 01/08/2012 (Agence Europe) - The business world is uneasy. In July 2012, the econoimc sentiment indicator fell from 90.4 to 89.0 in the EU27 and from 89.9 to 87.9 in the eurozone, mainly driven by loss of confidence in the service sector. The business climate indicator also fell in July, by 0.32 to -1.27 in the eurozone, mainly due to analysis by company managers of production figures and export orders. (MB/transl.fl)