Eurozone April final consumer confidence -22.0 vs -16.9 prelim

• Economic confidence 105.0
• Prior 108.5; revised to 106.7
• Industrial confidence 7.9
• Prior 10.4; revised to 9.0
• Services confidence 13.5
• Prior 14.4; revised to 13.6

Euro area economic sentiment continues to fall further as the Russia-Ukraine conflict weighs on sentiment mostly, alongside a related spike in commodity prices. The industrial sector is hit the hardest while retail confidence is also seen slipping from -2.4 in March to -4.3 in April. Meanwhile, selling price expectations among manufacturers rose to an all-time high of 60.8 - up from 57.2 in March. That's not quite a bright development on the inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term front.