EC Survey (June) - Capital Economics
European Economics

EC Survey (June)

European Data Response
Written by Andrew Kenningham

The increase in the EC’s Economic Sentiment Indicator for June was the largest one-month rise on record. However, it was not as big as expected and leaves the index consistent with activity remaining well below its pre-crisis level. We think activity will be subdued for a long time yet.

Confidence rebounds but still weak

The increase in the EC’s Economic Sentiment Indicator for June was the largest one-month rise on record. However, it was not as big as expected and leaves the index consistent with activity remaining well below its pre-crisis level. We think activity will be subdued for a long time yet.

This European Data Response is available for download.