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- Eurozone: Sentix economic indices improved slightly in September
Eurozone: Sentix economic indices improved slightly in September
The economic situation in Euroland remains tense, Sentix survey showed on Monday.
The Sentix economic indices improved slightly in September to -11.1 points from -13.7 points in August. This is due to a clear recovery of the expected values to -12.8. The assessment of the situation, on the other hand, is still falling to -9.5 points. The Euro zone thus remains close to a recession.
In Germany, on the other hand, it must now be assumed that the economy will no longer grow. The expected values, which can recover more clearly, do give us some hope. But as long as these bear a negative sign, a trend reversal is not yet in sight.
There are also few positive reports from the other regions of the world. With the exception of Latin America, which is sliding deeper into recession, all overall indices are rising slightly. To date, however, this has only hid stagnation at a weak level and no real trend reversal.
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