All economic indicators on economic sentiment are down, revealed the results of the latest business and consumer surveys published by the European Commission on Thursday, 28 July. These declines in indicators apply to both consumers and businesses and are across all sectors.
The Directorate-General for Economic and Financial Affairs (DG ECFIN) reported that the Economic Sentiment Indicator (ESI) plummeted in the EU, falling by 4.2 points to 97.6. A similar decline was seen in the euro area,...