Eurozone economic sentiment index drops to 112.7 in January

The euro zone’s economic sentiment index, which measures corporate and consumer confidence, fell from 113.8 points in December to 112.7 points in January, hitting a nine-month low amid a surge in cases. of infection by Covid-19 with the spread of the Ômicron variant.

The data are from the European Commission, the executive arm of the European Union, published this Friday (28).

This month’s result was below the expectations of analysts consulted by the The Wall Street Journal, which predicted the indicator at 114 points. December’s figure was revised down from 115.3 points originally.

Only consumer confidence decreased from -8.4 in December to -8.5 points in January, confirming the initial estimate, while that of industry decreased from 14.6 to 13.9 points in the same period, contradicting a forecast of advance to 15.1 points, and services dropped from 10.9 to 9.1 points. Source: Dow Jones Newswires.

Reference: CNN Brasil

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