Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Economic Sentiment Down In EU and Euro Area
Sep 1, 2011
 Printable format
 Email this Article
 Search

The August the Economic Sentiment Indicator (ESI) declined by 5.0 points to 97.3 in the European Union (EU) and by 4.7 points to 98.3 in the euro area, according to the latest data from the European Commission Directorate-General for Economic and Financial Affairs.

The decline resulted from a broad-based deterioration in sentiment across the sectors, with losses in confidence being particularly marked in services, retail trade, and among consumers. Only the construction sector in the euro area recorded an improvement.

• Germany: -5.7 points
• UK -5.6
• Poland -3.6
• Netherlands -3.0
• Italy -0.7
• Spain: The ESI remained broadly unchanged at -0.3

The ESI remains above its long-term average only in Germany.
Although confidence in industry remains above its long-term average, it worsened by 2.6 points in the EU and by 3.8 points in the euro area, on the back of a drop in managers' appraisal of the level of order books and production expectations. An increasing number of managers assessed their stocks as being too large. Managers were also more pessimistic about their export order books and past production.

Confidence among consumers worsened in both the EU (-4.4) and the euro area (-5.3). In both regions consumers were pessimistic about the future general economic situation and expressed higher unemployment fears. Their expected financial situation and their saving expectations were also assessed more negatively than in the past months.

Back to Daily News

 

Daily News

...........................................................

Oct 23, 2014: Whirlpool Corporation to Showcase Resource-Efficient Technologies at Greenbuild

Oct 23, 2014: CWIEME Chicago exhibition had record attendees

Oct 22, 2014: Middleby to add U-Line to residential appliance business

Oct 22, 2014: iRobot's 3Q exceeds expectations, driven by Home Robots growth

Oct 22, 2014: Whirlpool Canada named 2014 Energy Star Manufacturer of the Year

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows