Will everything be fine now?
08 April 2024
Posted in
sentix Economic News
Will there finally be a sustainable economic upturn? At least the economic recovery in the eurozone and world-wide is continuing. We are measuring the sixth consecutive rise in the overall index for the eurozone. The index rises to -5.9 points. Expectations for the eurozone have even risen for the seventh time and, at +5 points, are at their highest level since February 2022. The economic signals are also stabilising internationally. Only Austria is an exception here with a completely divergent development.
Headlines of the month
- The overall economic index for the eurozone rises for the sixth time in a row and reaches its best value since February 2022 at -5.9 points. Expectations are also positive again for the first time since the start of the Ukraine conflict.
- Although Germany remains at the bottom of the table in relative terms, it also improved significantly this month by 7.4 points in the overall index. Here, too, we are measuring the best expectation values since February 2022.
- The upturn is also gaining breadth internationally. Across all regions, with the exception of Austria, we are meas-uring improvements in the economic situation and expectations. The Milei effect in Latin America is likely to dis-appoint fans of Argentina's libertarian president so far.
sentix Eco Report Euro area
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