Euro area Economic Sentiment little changed in June

Market news

28 June 2018

Euro area Economic Sentiment little changed in June

In June, the Economic Sentiment Indicator (ESI) remained virtually unchanged in the euro area for the third consecutive month, registering a marginal decrease of 0.2 points (to 112.3).

In the EU the indicator edged down by 0.6 points (to 112.2). In a quarterly perspective, developments were similarly flat, with both indicators booking a minor decrease of 0.5 points since March.

Brent crude, the global benchmark, was up 0.4% to $77.75 a barrel on London's Intercontinental Exchange. On the New York Mercantile Exchange, West Texas Intermediate futures were trading up 0.1% at $72.86 a barrel

Retail sales growth had ticked up over the past month, boosted by stronger sales of seasonal clothing and footwear; growth in consumer services had slowed - Bank of England Agents' summary of business conditions

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