The euro zone leaves its crisis behind
05 January 2014
Posted in
sentix Economic News
The composite index for the euro zone rises by 3.9 to 11.9 points in January. This increase is the strongest of a composite index in January among all surveyed countries and regions. It is also noteworthy that the assessment of the current situation for the euro zone improves markedly and has now entered neutral territory. That means that at the start of 2014 Euroland finally leaves its crisis behind it. Looking at other countries and regions, the composite index for Germany – which celebrates its fifth anniversary this month – rises slightly from 32.1 to 32.4 points. Germany thus remains the growth engine for the euro zone. The generally positive picture at the beginning of the year is only blurred by the figures for Asia ex Japan. Nevertheless, the composite index for the global aggregate increases for the sixth month in a row.
Headlines of the month
- The composite index for the euro zone rises by 3.9 to 11.9 points in January. Among the components of the index, the assessment of the current situation improves strongly and has now entered neutral territory. That means that at the start of 2014 the euro area finally leaves its crisis behind it.
- The composite index for Germany which celebrates its fifth anniversary this month rises slightly from 32.1 to 32.4 points. Here, 6-month expectations ease a little.
- The generally positive picture at the beginning of the year is blurred by the figures for Asia ex Japan. For the emerging region investors rate the current situation markedly lower than last month. Nevertheless, the index for the global aggregate increases for the sixth consecutive month.
sentix Eco Report Euro area
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