Luxembourg: Economic sentiment declines in April
Latest reading: Economic sentiment declined to 96.0 in April, following March’s 97.8. The latest reading was below the long-term average of 100, pointing to a muted near-term outlook for the economy.
In April, sentiment worsened in the industrial sector (-19.9 vs -14.0 in March) and the construction sector (-12.8 vs -12.4 in March). However, sentiment turned more upbeat in among consumers (-14.1 vs -15.4 in March).