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File: January 2023 results

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It remains challenging

The January data in the sentix economic indices indicate a further improvement. In Euroland, the overall index rises for the third time in a row, improving by 3.5 points to -17.5. There is virtually no change in the assessment of the current situation, with only the expectations values signaling a greater easing of the situation. This basic trend can also be seen in the German economic figures: The assessment of the current situation remains almost unchanged, while expectations have risen by 7.3 points. It can thus be seen that the economic environment remains challenging. Despite the improvement, both subcomponents remain in deep negative territory. There is a glimmer of hope for Asia at the start of the year: expectations for the Asia ex Japan region (especially China) are rising dynamically. The end of the restrictive Corona measures in China is generating hopes of better times ahead.

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