Economic sentiment recedes from March to April in the eurozone and the EU

The economic sentiment indicator fell in April compared to March, both in the eurozone (1.6 points) and in the European Union (EU 1.5 points,), according to data released today by the European Commission.

According to the Directorate-General for Economic and Financial Affairs, the decline of 1.6 points to 104.0 is mainly due to lower confidence in the sectors of industry, retail trade and, with less impact, in construction and in the consumers.

Among the largest economies in the eurozone, an economic sentiment only increased in the Netherlands (0.4), falling in Spain (-2.6 points), Germany (-1.5), Italy and the Netherlands (-1.0 ).

The decline of 1.5 points to 103.7 in the EU reflects the deterioration of the indicator in the largest non-euro economies, the UK (-1.5 points) and Poland (-3.7 points).

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