Euro area LEI declines in April, CEI steady; GDP to rise at 0.9%: TCB
The euro area's Leading Economic Index fell 1.0 per cent in April 2025, driven by weakened consumer confidence and sector expectations post-US tariff announcement. The six-month LEI decline slowed to 2.9 per cent. The Coincident Index was unchanged in April, with 0.8 per cent growth over six months. The Conference Board forecasts 0.9 per cent euro area GDP growth for 2025.
The euro area's Leading Economic Index fell 1.0 per cent in April 2025, driven by weakened consumer confidence and sector expectations post-US tariff announcement.
The six-month LEI decline slowed to 2.9 per cent.
The Coincident Index was unchanged in April, with 0.8 per cent growth over six months.
The Conference Board forecasts 0.9 per cent euro area GDP growth for 2025.
