Recovery gains momentum
06 November 2016
Posted in
sentix Economic News
In November, the positive trend in the economic indices continues. The overall index for Euroland is even rising to a new year's high, driven by further rising expectations. But also, the plus of six points in the position assess-ment sets an exclamation mark. Important is the fact that the economic assessment for the US does not indicate any weakness for the time after the handover. Together with Japan and the emerging markets, the sentix Global Aggregate continues to grow, which points to a solid global economic upturn.
Headlines of the month
- Economic momentum in the Euro area gains further in November. The overall headline index rises to +13.1 index points and the expectations are the highest since December 2015.
- Also, the current situation index improves significantly with a plus of six points. Within the Euro area, Germany remains strong while the countries of the Alps (Austria and Switzerland) weakened.
- Global backwind continues. Even for the United States the confidence remains for the time after the presidential election. The Global aggregate index rises to +14.8 points, the highest numbers since May 2015.
sentix Eco Report Euro area
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