Prior -14.7Economic confidence 95.2 vs 96.0 expectedPrior 95.8; revised to 95.7Industrial confidence -10.3 vs -10.0 expectedPrior -10.4; revised to -10.5Services confidence 3.6 vs 3.9 expectedPrior 4.1
Economic sentiment in the euro area moderates a little in August as the services sector dims a little bit. Overall, the economy is seen holding up decently in Q3 but Trump tariffs will continue to pose headwinds ahead of the final quarter of the year.
This article was written by Justin Low at investinglive.com.