Downturn gains speed

The pressure on the economic front is increasing noticeably. The current assessment and expectations are falling to their knees, and 6-month expectations for the Euro area are falling by 7 points to -20 points. This is the lowest value since August 2012!

Full report August 2019

Headlines of the month

  • The sentix economic index for the eurozone fell by a whopping 7.9 points to its lowest level since October 2014. The measures announced by the central banks have not led to a change in economic expectations.
    On the contrary, the current situation and expectations are literally abating. In Germany, the overall index even fell to its lowest level since October 2009. A recession in Germany is inevitable.
    The other regions of the world are also struggling with large discounts. Even for the USA, where the situation re-mains stable, expectations are falling dramatically. Trump has once again poured oil into the fire with its renewed Chinese tariffs.

sentix Eco Report Euro area

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