EUROZONA: The economic feeling indicator is improved forecasts in May, consumer confidence meets expectations

The EUROZONE CONSUMER TRUST HAS improved 1.5 points in May, standing at -15.2 In front of -16.7 of April, its best level in two months, as published by the European Commission. The figure coincides with market expectations.

On the other hand, the ESI economic feeling indicator has risen 1.2 points in May, rising to 94.8 compared to 93.6 of the previous month, exceeding the forecasts of the consensus, which reduced it to 94.

He Business climate has also improved, located in -0.55 Faced with the previous -0.66, its best level in eleven months.

Euro reaction

The euro has rebounded after the data towards the area of ​​1,1358 after having previously fallen to a minimum of two days in the European opening to 1,1337. Despite the recovery, the EUR/USD loses 0.34% daily in 1,1350 at the time of writing.

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: May 27, 2025 09:00

Frequency: Monthly

Current: 94.8

Dear: 94

Previous: 93.6

Fountain: European Commission

Source: Fx Street

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