CHART OF THE DAY: Eurozone Economic Sentiment

07/13/22 08:22AM EDT

Below is a chart and excerpt from today's Early Look written by Director of Research Daryl Jones. 

Take yesterday’s Germany Zew Economic Sentiment Indicator as a prime example. It fell off a cliff coming in at -53.8 for July, which was a meaningful decline from the prior reading in June of -28. Sentiment and confidence matter because they are leading indicators for future decisions by both businesses and consumers.

CHART OF THE DAY: Eurozone Economic Sentiment - ees

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