EUROPEAN ECONOMY. Supplement ? Business and Consumer Survey Results No 7 - July 1995
12 pages
English

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EUROPEAN ECONOMY. Supplement ? Business and Consumer Survey Results No 7 - July 1995

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12 pages
English
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Description

ISSN 0379-2110 EUROPEAN ECONOMY EUROPEAN COMMISSION DIRECTORATE-GENERAL FOR ECONOMIC AND FINANCIAL AFFAIRS In this number : Supplement Β Industrial investment Business and Consumer in 1994 and 1995 Survey Results (pp. 10-12) No 7 - July 1995 GRAPH 1 Indicators of economic sentiment -Industrial investment European Community (s.a.) back to 1992 level Economic sentiment indicator (') 1985 = 100 • Industrial investment is expected to grow by 13 % in volume in 1995, according to the latest survey re­sults. Except for Ireland and Portu­gal, all Member States await a double digit volume growth. If these expectations materialize, they would bring industrial invest­ment back close to the 1992 level. • The stability of the economic senti­ment indicator suggests that the period of hesitation in the upswing may have come to an end. • Despite the fall of the industrial confidence indicator by one point, the internal demand remains in a continued upward movement, des­pite foreign order-books being less optimistic now. • Increasing demand for investment goods, as indicated by the invest­ment survey has still to be backed by a more buoyant consumer de­mand. Whether the less pessimistic consumer confidence indicator in June points already to a change re­mains still to be seen. (·) See notes to Table 1. -2-ible in previous months.

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