Friday, March 28, 2014

Positive Expectations for Most Everything-- Except Prices-- in Europe

Sentiment indicators for Europe showed an improvement in the month of March, driven primarily by consumer confidence's largest monthly increase since April 2009:

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The five largest economies all posted gains (though muted in France and Germany), while the Netherlands was this month's big winner with a +2.3 rise:

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The one notable decline: selling price expectations (in all major categories).  Drops in the Services and Retail groups were particularly pronounced and consumers' price expectations reached the lowest levels since November 2010:

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