Eurozone economic sentiment eased slightly in June, survey results from European Commission revealed Wednesday.
The economic confidence index came in at 104.4 in June, down from 104.6 in May. The expected score was 104.7.
The consumer sentiment index fell to -7.3 in June, as initially estimated, from -7 in May. Likewise, the services sentiment index slid to 10.8 from 11.3 in May.
On the other hand, the industrial confidence index rose to -2.8 from -3.7. It was forecast to rise to -3.4.
Another report from EU showed that the business sentiment dropped marginally to 0.22 from 0.26 in May. Economists had forecast the score to remain unchanged at 0.26.
While managers’ production expectations and their appraisal of overall order books improved, the level of export order books, the stocks of finished products and, in particular, past production were appraised more negatively.
All survey results were collected before the announcement of the results of the UK referendum on EU membership on June 24.
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