The current situation is moving along
09 August 2020
Posted in
sentix Economic News
In August, the sentix overall index for the eurozone economy climbed by +4.8 to -13.4 points for the fourth time in a row. The current situation values increased by 8.2 points, but are still in recession at -41.3 points. At +19.3 points, expectations remain stably positive, meaning that the economic recovery should continue. We also measure the fourth consecutive improvement for Germany. The current situation values increased by 10 points month-on-month and now stand at -30.8 points. Internationally, the Asian region is leading the improvement: The overall index for Asia ex-Japan is even above zero. The recovery in the USA and Latin America remains disappointing.
Headlines of the month
- The headline index for the eurozone economy climbed to -13.4 points in August for the fourth time in a row. The current situation values increase by 8.2 points and expectations remain stable and positive.
- We also measure the fourth improvement in a row for Germany. Here the current situation values increase by 10 points to -30.8 points, the expectations remain highly positive and show no fear of a second wave of corona infections.
- The overall index for the Asian region ex Japan continues to rise and even exceeds the zero line. The recovery in the USA and Latin America remains disappointing.
sentix Eco Report Euro area
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