Explosive coup for the Euro Zone
08 September 2013
Posted in
sentix Economic News
The composite (overall) index for Euroland rises in September by 11.3 to now +6.5 points. This is the second-strongest rise of the indicator since its inception in 2003. The index also manages to reach positive territory for the first time since July 2011. Both the assessment of the current situation as well as the 6-month expectations improve strongly. For Germany, the composite index jumps upward, too. It now reaches its highest reading since April 2011 and signals a clearly strengthening economy. The other countries and regions prove stable in September. For the emerging markets regions there is a tendency for improvement, again. The index for the global aggregate rises to its highest value since March of this year.
Headlines of the month
- The composite index for Euroland rises in September by 11.3 to now +6.5 points. This is the second-strongest rise of the indicator since its inception in 2003. Also, the index is back in positive territory for the first time since July 2011.
- For the euro zone, both the assessment of the current situation as well as the 6-month expectations improve strongly. For Germany, the composite index jumps upward, too. It reaches its highest reading since April 2011 and signals a clearly strengthening economy.
- The other countries and regions prove stable in September. For the emerging markets regions there is a tendency for improvement, again. The index for the global aggregate rises to its highest value since March.
sentix Eco Report Euro area
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