Latest data released by Eurostat - 27 March 2018

  • Prior 0.1
  • Economic confidence 112.6 vs 114.1 prior
  • Industrial confidence 6.4 vs 8.0 prior
  • Services confidence 16.3 vs 17.5 prior
  • Business climate indicator 1.34 vs 1.48 prior

A soggy report, as economic confidence falls to 112.6. Estimate is for a reading of 113.3. Not exactly the kind of stuff that inspires bullish sentiment.

The levels are still solid, but once again similar to the PMI readings, the peak conditions and sentiment in the Eurozone economy may well have come and gone already.