Wednesday, March 30, 2016

Falling confidence in the economy among Europeans – Day Journal

In the whole of the eurozone, the economic sentiment indicator in March experienced its third consecutive decline, reaching its lowest level since February 2015, with 103 points from 103.9 in February.

Among the major economies of Europe Italy had the worst performance with a decline of 2.4 points to 103.7; while in France the fall was 1.8 points to 101.9, according to the economic sentiment indicator (ESI) produced by the European Commission.

In the Netherlands it fell 0.9 points to 102, while in Germany fell a tenth, to 104 points, appropriated Europa Press.

the economic confidence in Spain was in March at its lowest level in the last thirteen months, down to 106 , 9 points from 107.3 the previous month, and is the third consecutive drop the data.

the deterioration of economic sentiment in Spain in March was especially noticeable in the construction sector, where data he suffered its biggest monthly drop since March 2002, reaching -42.45 versus -22.7 in February, thus registering its worst reading since June 2014.

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