The typical/expected market impact of this event is low.
The most recent announced value for Business Confidence was 3.
Recent economic data has been strongly bearish for EUR. Other recent announcements which may affect the market's interpretation of the next Business Confidence result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Harmonized Index of Consumer Prices (YoY) | Bearish change | 3.2% | 3% | ||
| Gross Domestic Product (QoQ) | Bearish change | 0.7% | 0.6% | ||
| Consumer Confidence | Bearish change | -14.2 | -14.6 | ||
| GfK Consumer Confidence Survey | Bearish change | -23.4 | -26.9 | ||
| Producer Price Index (MoM) | Bearish change | 0.1% | 0% | ||
| Producer Price Index (YoY) | Bearish change | -1.8% | -2.3% |