ING
Eurozone sentiment indicator reveals easing inflationary pressures in June
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https://think.ing.com/articles/eurozone-sentiment-indicator-reveals-easing-inflationary-pressures-in-june/
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4 itemsING THINK
Eurozone sentiment indicator reveals easing inflationary pressures in June
Lead — The recent Eurozone Economic Sentiment Indicator points to easing inflationary pressures, raising questions about the European Central Bank's (ECB) tightening trajectory. According to the full note from ing-think, sentiment improved to 95 in June from 93.7, although it remains notably lower than pre-conflict levels. The decline in employment expectations alongside diminishing core inflation pressures suggests the ECB may need to evaluate its rate hike strategy as energy prices stabilize and economic growth teeters on the edge of stagnation.
DESK NOTEING Economics
Eurozone activity remains lacklustre as price pressures ease
DESK NOTE