European Union

Business Confidence fell to -0.28 in March 2020

Business Confidence fell to -0.28 in March 2020, down 0.22 from February's -0.06 reading. The reading missed the -0.05 consensus by 0.23. The print is running well below the 12-month average of -0.01. Over the past 3 months, Business Confidence averaged -0.17, vs -0.21 in the prior 3-month window. Business Confidence is now the lowest in 35 months.