Things are looking up again!
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07 November 2021
Posted in
sentix Economic News
The economic indicators manage a turnaround in the month of November. The overall index for the euro zone rises for the first time since July 2021, while the current situation indicators remain in a correction trend. On the other hand, the expectations figures increased by 5.3 points. For Germany, the overall index stagnates once again, with the assessment of the situation even dropping significantly by 6.2 points. Fortunately, the expecta-tions component also increased by 5.3 points. Overall, this confirms our thesis for the global economy that the recent slowdown is a "mid-cycle slowdown". Economic expectations are rising sharply, especially in the USA, but also in Asia.
Headlines of the month
sentix Economic Index: Things are looking up again!
- Economic indicators manage a turnaround in November. At 18.3 points, the overall index for the euro zone rises for the first time since July 2021, despite a further decline in the current situation. The improvement is due to a significant rise in expectations, which increased by 5.3 points.
- For Germany, the overall index stagnated once again, with the current situation values even dropping by a further 6.2 points. Fortunately, however, the expectations component increased by 5.3 points. The turnaround seems to have been achieved!
- This confirms our thesis for the global economy that the recent slowdown is a mid-cycle slowdown. Economic expectations are rising, especially in the USA, but also in Asia.
sentix Eco Report Euro area
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