Eurozone April final consumer confidence -22.0 vs -16.9 prelim

[Forex News]

Economic confidence 105.0 Prior 108.5; revised to 106.7 Industrial confidence 7.9 Prior 10.4; revised to 9.0 Services confidence 13.5 Prior 14.4; revised to 13.6 Euro area economic sentiment continues to fall further as the Russia-Ukraine conflict weighs on sentiment mostly, alongside a related spike in commodity prices. The industrial sector is hit the hardest while retail confidence is also seen slipping from -2.4 in March to -4.3 in April. Meanwhile, selling price expectations among manufacturers rose to an all-time high of 60.8 - up from 57.2 in March. That's not quite a bright development on the inflation front.

More...