EUROZONA: The economic feeling indicator falls to 93.6 in April, its lowest level since 2020

He Economic feeling indicator (ESI) of the Eurozone 1.4 points has fallen in April, standing in 93.6 compared to March 95, as published by the European Commission. The data has worsened market expectations, which expected a rise to 94.5 and stands out as the worse results recorded by the indicator since November 2020.

The Consumer confidence, meanwhile, has fulfilled expectations and worsened at -16.7 points in April Since -14.5 of March, reaching its worst record since November 2023.

The Industrial trust has descended to -11.2 From the previous -10 and planned, reaching its lowest level in three mese. For its part, the SERVICE TRUST IS MAINTAINED IN EXPANSION TERRITE BUT MODERA TO 1.4 POINTS FROM THE PREVIOUS 2.2, OFFERING ITS NEGATIVE RESULT Since April 2021.

Euro reaction

The euro has bounced after the publication, moving between 1,1385 and the surroundings of 1,1400. At the time of writing, the EUR/USD quotes about 1,1387, losing 0.32% in the day.

Economic indicator

Economic feeling indicator (ESI)

The economic trust index is published by the European Commissionit is a survey of consumers’ point of view on economic activity. It is established as an indicator of the trend of the Economy of the euro zone. An optimistic perspective is considered positive for the euro, while a pessimistic reading is perceived negatively and can exert a bearish pressure on the currency.


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Last publication:
Mar APR 29, 2025 09:00

Frequency:
Monthly

Current:
93.6

Dear:
94.5

Previous:
95.2

Fountain:

European Commission

Source: Fx Street

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