The current situation is moving along
09 August 2020
Posted in
sentix Economic News
In August, the sentix overall index for the eurozone economy climbed by +4.8 to -13.4 points for the fourth time in a row. The current situation values increased by 8.2 points, but are still in recession at -41.3 points. At +19.3 points, expectations remain stably positive, meaning that the economic recovery should continue. We also measure the fourth consecutive improvement for Germany. The current situation values increased by 10 points month-on-month and now stand at -30.8 points. Internationally, the Asian region is leading the improvement: The overall index for Asia ex-Japan is even above zero. The recovery in the USA and Latin America remains disappointing.
Headlines of the month
- The headline index for the eurozone economy climbed to -13.4 points in August for the fourth time in a row. The current situation values increase by 8.2 points and expectations remain stable and positive.
- We also measure the fourth improvement in a row for Germany. Here the current situation values increase by 10 points to -30.8 points, the expectations remain highly positive and show no fear of a second wave of corona infections.
- The overall index for the Asian region ex Japan continues to rise and even exceeds the zero line. The recovery in the USA and Latin America remains disappointing.
| Euro area | Jun 20 | Jul 20 | Aug 20 | Sep 20 | Oct 20 | Nov 20 |
|---|---|---|---|---|---|---|
| Overall Index | -24.8 | -18.2 | -13.4 | -8.0 | -8.3 | -10.0 |
