Economic sentiment in the eurozone slipped again in August, underlining the fragility of the region’s recovery amid stubborn inflation expectations and mixed signals from the labour market.
The Economic Sentiment Indicator (ESI), published Thursday by the European Commission, declined by 0.5 points to 95.2 in the euro area and by 0.3 points to 94.9 in the broader European Union. Both readings remain well below the long-term average of 100, indicating that confidence across households and businesses remains subdued.
