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Economic Sentiment Indicator (June....>

EUROZONE DATA
MNI (London)
EUROZONE DATA: Economic Sentiment Indicator (June 2020)
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- Economic Sentiment Indicator (ESI): 75.7; Prev (May): 67.5 
- Consumer: -14.7(May: -18.8); Industry: -21.7 (May: -27.5); Services: -35.6
(May: -43.6); Retail: -19.4 (May: -29.8); Construction: -12.4 (May: -17.3) 
- The ESI rebounded by 8.2pt in June, showing the largest m/m increase on
record, however falling short of markets looking for an uptick to 80
- The ESI recovered in all of the largest EZ economies: FR (+9.4pt), ES and IT
(+8.2pt) and DE (+6.6pt) 
- Jun's improvement was broad-based with all sectors showing monthly gains.
- The largest increase in sentiment was recorded in the retail trade sector
(+10.4pt), followed by service sector confidence (+8.0pt). 
- While manufacturing sentiment rose 5.8pt in Jun, confidence in the
construction industry ticked up 4.9pt. 
- Consumer confidence registered in line with the flash results showing an
uptick by 4.1pt in June. 
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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