This drop in the Eurozone Sentiment Indicator (ESI) from 114.2 to 112.6 rounds out the second month of disappointing survey data for the Eurozone. While the economy continues to perform strongly, some clouds have reemerged on the horizon. Trade war concerns take centre stage and are adding uncertainty to the outlook for businesses and impacting the view on the general economic situation for consumers. Both manufacturers and the service sector experienced declining sentiment. Consumer confidence was unchanged after a large drop in February as lower expectations for inflation offset a weaker view on the economy and ... (full story)