Categories: Business

EU economic confidence indicators down in March

BRUSSELS, 30th March, 2026 (WAM) — The economic confidence indicators in the European Union declined in March, according to official data released today by the European Commission, signalling continued uncertainty.

The data showed that the Economic Sentiment Indicator (ESI) fell by 1.5 points to 96.7 in the EU, and by 1.6 points to 96.6 in the euro area.

The Employment Expectations Indicator (EEI) also declined, dropping by 1.3 points to 97.3 in the EU, and by 1.4 points to 96.4 in the euro area.

This decline moves both indicators further away from their long term average of 100, reflecting growing pessimism among businesses and consumers.

In the same context, preliminary data showed a sharp drop in consumer confidence, which fell by 3.4 points in the EU and by 4 points in the euro area compared to February.

Consumer confidence levels stood at minus 15.2 in the EU and minus 16.3 in the euro area, marking their lowest levels since October 2023, according to the Commission.

Share this post:
wetelacademy@gmail.com

Share
Published by
wetelacademy@gmail.com

Recent Posts

UAE President receives call from President of the European Council

ABU DHABI, 30th March, 2026 (WAM) -- UAE President His Highness Sheikh Mohamed bin Zayed…

58 minutes ago

Sultan bin Ahmed witnesses launch of ‘SharjahSat 2’ satellite

SHARJAH, 30th March, 2026 (WAM) -- H.H. Sheikh Sultan bin Ahmed bin Sultan Al Qasimi,…

1 hour ago

Fujairah to host second round of Khaled bin Mohamed bin Zayed Jiu-Jitsu Championship

ABU DHABI, 30th March, 2026 (WAM) -- Fujairah is set to host the second round…

2 hours ago

Fujairah to host second round of Khaled bin Mohamed bin Zayed Jiu-Jitsu Championship

ABU DHABI, 30th March, 2026 (WAM) -- Fujairah is set to host the second round…

2 hours ago

ADPIC launches 2nd Abu Dhabi Infrastructure Summit

ABU DHABI, 30th March, 2026 (WAM) -- The Abu Dhabi Projects and Infrastructure Centre (ADPIC)…

2 hours ago

Kalimat expands Arabic children literature with over 1000 titles

SHARJAH, 30th March, 2026 (WAM) -- Since its establishment in Sharjah in 2007, Kalimat Group…

3 hours ago