Euro area’s LEI falls again in May; CEI holds steady: TCB
The Conference Board’s LEI for the euro area fell 0.2 per cent in May 2025, following a 0.9 per cent drop in April, signalling continued economic headwinds. Despite easing declines, weak consumer confidence and business outlooks persist. The CEI held steady in May, up 0.5 per cent over six months. GDP growth is forecast to slow to 1 per cent in 2025 from 0.9 per cent in 2024.
The Conference Board’s LEI for the euro area fell 0.2 per cent in May 2025, following a 0.9 per cent drop in April, signalling continued economic headwinds.
Despite easing declines, weak consumer confidence and business outlooks persist.
The CEI held steady in May, up 0.5 per cent over six months.
GDP growth is forecast to slow to 1 per cent in 2025 from 0.9 per cent in 2024.
