Eurozone Consumer Confidence Indicator slipped in May - - a month dominated by debt crisis in Greece: Business climate slightly improved
May 31st, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The European Commission said today that its Consumer Confidence Indicator fell in in May; the overall Economic Sentiment Indicator (ESI) slipped, moving back to 100.0 (-1.9 points) in the EU and to 98.4 (-2.2 points) in the Eurozone. While Industry sentiment continued to improve, all other sectoral sentiment indicators dropped in the EU and the Eurozone. The Business Climate Indicator (BCI) for the Eurozone improved marginally. The results reflects a month dominated by the debt crisis in Greece.