sentix Economic News

Read the latest information and indications about the "first mover" among the economic indicators!

Background information on the sentix economic indicators

Hard hit, soft recovery

The Corona crisis has sent the world economy into recession and is presenting the global economy with unprece-dented challenges. The global situation continues to fall at the beginning of May, marking new all-time lows in many regions of the world. The Global Aggregate Index is also at an all-time low of -60.5 points. Nevertheless, there are glimmers of hope. Expectations may improve across the board. In some regions, they are even positive again, giving rise to hopes that a stabilization phase will begin. Compared to the hard impact of the situation, the upswing is proceeding rather gently. Austria deserves special attention.

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Recession shock is deep

The corona virus is holding the world economy in a stranglehold. Never before has the assessment of the current situation collapsed so sharply in all regions of the world within one month. In Euroland, the overall index is falling to an all-time low. The USA is now also in a full downward spiral. The region Asia ex Japan (China) sends the only glimmer of hope: economic expectations there at least signal no deterioration. A quick V-recovery of the economy is not to be expected.

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Global recession

The new corona virus, which is now spreading significantly across the globe and requires consistent measures to contain it, is plunging the global economy into recession. The global economic overall index falls from +8.1 to -12 points. Never before has such a strong synchronized collapse of the global economy been measurable in our data. This puts the current slump in an inglorious chain: Lehman (2008), Fukushima (2011) and the oil credit crisis (2016).

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World economy in the grip of the virus

While at the beginning of the year there was still a clear upswing scenario for the global economy, the outbreak of the corona virus in China has changed the situation significantly. The drastic measures taken by the Chinese government for the Hubei region show the danger to the global economy if the outbreak cannot be limited re-gionally. So far, however, the effects on the economy have been relatively limited from the point of view of the investors surveyed by sentix, even if they are significant for China. The strength of the USA is helping the global economy.

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The next surprise at the start of the year

The riots surrounding the conflict between the US and Iran, which dominated the news at the end of the week, were either ignored by investors or are not considered to be crucial for the economy. This is the result of the sentix economic survey, which brought a further improvement in the economic assessment of the global econo-my at the beginning of the year. This is the third surprise in a row for the "first mover"! The data for all regions of the world are improving, especially in Asia ex Japan.

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