Still no direction

摘要

June was similar to May in terms of confidence in the European construction sector, with a distinct lack of direction being expressed by repondents to the survey. Although the CE Climate-which is a broad measure of confidence - was in positive territory with a balance of +2.2%, such a low value indicates the market was finely poised between optimists and pessimists. The balance figure is the percentage of positive responses, minus the number of negative ones. The particularly short length of the arrow on this month's barometer clock indicates the lack of strong sentiment one way or the other.