Eurozone cooling, global stabilisation
06 March 2016
Posted in
sentix Economic News
The Eurozone suffers from the loss of economic momentum of the global economy. The overall sentix Economic Index for the Eurozone stagnates at 5.5 points in March. Reasons for Eurozone’s malaise are visible in investors assessment of the current situation. The value drops by about 2.2 points, below the April 2015 level.
Headlines of the month
- The sentix Economic Index for the Eurozone continues to fall in March 2016. The overall index looses 0.5 points to +5.5 points.
- Overall Eurozone decline is caused by a deteriorating current situation (value down by 2.2 points) whereas expectation value advances by 1.3 points.
- The global perspective gives more reasons to cheer: values for Asia ex. Japan gain the second month in a row. US economy exhibits resilience as current situation value increases by 4.75 points to 21.75 points. Overall US index rises to 5.8 points.
sentix Eco Report Euro area
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