Stabilisation? Not really.
05 June 2022
Posted in
sentix Economic News
At the beginning of June, the sentix economic indices show signs of stabilisation. In the Eurozone, both the situa-tion values (3.2 points) and the economic expectations (9.8 points) rose significantly. All in all, the overall index is rising again for the first time after three consecutive declines. At -15.8 points, however, the index remains clearly negative. The economy is still in a downturn. The international picture is also comparable. For the USA and Switzerland, however, the developments are somewhat weaker.
Headlines of the month
- In June we see a recovery in the sentix economic index. The overall index in the Eurozone rises by almost 7 points to -15.8 points. Situation and expectations values rise.
- In Germany, too, the sentix economic index improves by a whopping 7.7 points. However, as impressive as the improvement in the situation and expectations values may appear at first glance, this is unlikely to mark a turnaround.
- Internationally, too, the sentix indices show a similar trend. Situation and expectations are improving. The USA is an important exception. Here, the situation values are falling for the fourth time in a row and mark the lowest value since March 2021. Overall, however, the global economy is still in a downturn.
sentix Eco Report Euro area
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