March 2016: Economic Sentiment continues decreasing in both the euro area and the EU
Note: All survey results reported in this press release were collected before the Brussels terror attacks of 22 March.
In March, the Economic Sentiment Indicator (ESI) registered the third consecutive drop in both the euro area (by 0.9 points to 103.0) and the EU (by 0.7 points to 104.6).
The Directorate General for Economic and Financial Affairs (DG ECFIN) conducts regular harmonised surveys for different sectors of the economies in the European Union (EU) and in the applicant countries. They are addressed to representatives of the industry (manufacturing), the services, retail trade and construction sectors, as well as to consumers. These surveys allow comparisons among different countries' business cycles and have become an indispensable tool for monitoring the evolution of the EU and the euro area economies, as well as monitoring developments in the applicant countries.
page source http://ec.europa.eu/economy_finance/
