Friday, January 6, 2017

Eurozone: confidence of consumers and businesses back to the highs of 2011 – Corriere della Sera

Leap of the confidence index in the Eurozone in December, which far exceeds the expectations and leads to the highest since march 2011. The indicator of consumers and businesses, sale a 107.8 by by 106.6 in November, against expectations of a shy rose to 106,8. To make the tow-the moves of the Ecb on the extension of quantitative easing, able to consolidate the recovery of inflation in a year characterized by political uncertainty.

the data on The “feeling of loss” is calculated monthly by the directorate-general Ecfin of the european Commission on the basis of the different confidence indicators in economic sectors and among consumers. In particular, the most significant element relates to the so-called “business climate indicator”, which is increased in the Eurozone by 0.38 points (+0,79%, the highest level since the summer of 2011. The feeling statement, which also takes into account the confidence of the consumers, is improved by 1.2 points in the Eurozone to reach an altitude of 107,8, and by 1.8 points in the Eu. As it states in the research department of the Commission, the improvements have concerned the sector of retail trade, the industry and consumer confidence. The “feeling cheap” is improved particularly in France (+ 2 points); the Netherlands (+1.9) and Germany (+1.6%) while it remained stable in Italy and declined in Spain (-2,2).

Between the data in the short term in the day, Eurostat announced that in November the volume of retail sales in the eurozone fell by 0.4% compared to October, while it increased by 2.3% compared to the same month of 2015. In the Eu-28, on a monthly basis, has registered a decline of 0.1%, whereas on annual basis the increase was 3.4%.

in the face Of these numbers, slips into the background, the data on the trend of retail sales (or 1.8%) and factory orders (-2,5%) of November in Germany, but the data are improving, respectively, 3.2% and 3% on an annual basis. For the month in question, the analysts expected a decline of 0.9% in sales and 2.4% of the orders.the industrial production of germany, declined in November by 2.5% (more than the expectations of analysts), after an October in great growth (+5%).

LikeTweet

No comments:

Post a Comment