Italian elections lead to setback for the euro zone
03 March 2013
Posted in
sentix Economic News
After six consecutive rises the composite index for the euro zone falls in March from -3.9 to -10.6 points. This is its lowest reading this year, but still higher than in December. The results of the Italian elections leave negative traces in both the current assessment of the economic situation and the 6-month-expectations of investors.. From the other regions in the sentix survey there was no positive impact worth of note, either. Consequently, the index for the global aggregate recedes, too. Interestingly, once more the German composite index inches a little higher against the general trend of the month.
Headlines of the month
- After six consecutive rises the composite index for the euro zone falls in March from -3.9 to -10.6 points. This is its lowest reading this year, but still higher than in December.
- The results of the Italian elections leave negative traces in both the current assessment of the economic situation and the 6-monthexpectations of investors. The sentix economic indices are the first economic indicators reflecting the influence of the Italian poll.
- From the other regions in the sentix survey there was no positive impact worth of note, either. Consequently, the index for the global aggregate recedes, too. Interestingly, once more the German composite index inches a little higher against the general trend of the month.
