2025-04-29 06:35:00 ET
Summary
- The European Commission’s economic sentiment indicator dropped to 93.6 in April, from 95.0 in March, and is down to the lowest level since December last year.
- The sentiment weakening is broadly spread across all major sectors, but not so equally across countries. Smaller countries like Ireland and Belgium but also the Netherlands saw a relatively significant drop in sentiment, while France and Germany have been holding up relatively well.
- While the news flow on trade and tariffs has calmed down in recent days, the heightened level of uncertainty remains, which is another dampening factor for economic activity in the eurozone.
By Carsten Brzeski ...
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Eurozone Economic Sentiment Drops In April On Trade Tensions