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File: March 2016 results
- Uploaded:
- 07.03.16
- Modified:
- 07.03.16
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- 1 MB
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Eurozone cooling, global stabilisation
The sentix Economic Index for the Eurozone continues to fall in March 2016. The overall index looses 0.5 points to +5.5 points. The overall Eurozone decline is caused by a deteriorating current situation (the value is down by 2.2 points) whereas the expectation value advances by 1.3 points. A look abroad gives more reasons to cheer this time: values for Asia ex. Japan could recover the second month in a row. Moreover, the US economy exhibits resilience in March as the current situation value rises to 21.75 points (up by 4.75 points). In total, the overall US index rises to 5.8 points. Moreover, the global index finally gains ground on the back of a recovery in Asia ex. Japan, Eastern Europe as well as in Latin-America.
