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The euro area economic confidence index, which measures business and consumer confidence, rose from 112.5 in May to 112.3 in June, according to figures released today. by the European Commission, the executive branch of the Union. European Union. Despite the fall, badysts surveyed by the Wall Street Journal predict that the index will drop further to 112.
Only consumer confidence fell from +0.2 in May to -0.5 in June, according to badysts, while the industry remained unchanged at +6.9, exceeding the market consensus, falling to +6.3, and that of the service segment also remained unchanged, reaching +14.4.
maintained despite the recent trade dispute between the United States and the European Union. Last month, the US government imposed tariffs on imports of steel and aluminum block. In response, the EU began fixing 2.8 billion euros of US products, including bourbon whiskey and the iconic Harley-Davidson motorcycles
. +1.44 in May to +1.39 in June. Source: Dow Jones Newswires
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