The broadly stable ESI reflected higher confidence in industry and retail trade, which was offset by lower confidence in services and among consumers. Confidence in construction improved only marginally. Amongst the largest EU economies, the ESI improved in France (+3.0), Spain (2.1), the Netherlands (+1.5) and Poland(+0.7), while it eased in Germany (-1.3) and, to a lesser extent, in Italy (-0.3).
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