Momentum continues to crumble
04 November 2018
Posted in
sentix Economic News
In November, economic momentum in the global economy continues to weaken. With the exception of Latin America, we are measuring a weakening of situation assessments for all regions of the world. At the same time, most of the expectation values remain negative. In the euro area, the overall index fell from 11.4 to 8.8 points. The situation remains clearly positive at 29.3, but the slowdown continues. There are many reasons for this.
Headlines of the month
- The sentix overall index for the economy in Euroland fell again in November from 11.4 to 8.8 points.
- The problem areas in Europe and the global economy remain largely the same, which does not make it any better. Germany's weakness is also weighing on the Euroland economy.
- Internationally, the Latin America region is attracting attention. From the investors' perspective, the election of the new Brazilian president nourishes hope for an end to the recessionary phase. In the USA, on the other hand, it is becoming more and more apparent that the tax boom sparked by the US President in 2018 is slowly running out of steam. 2019 will be harder.
sentix Eco Report Euro area
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