Euro area turning into a global problem

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The recession in Euroland is deepening. The sentix total index for the Euroland-economy has dropped for the third time in a row and has hit the lowest value since May 2009 at -28.9! Situational and  expectational values are equally affected. The development in Euroland is affecting the previous growth motors more and more negatively. Germany, the USA and the global index all drop clearly. This should now challenge the central banks. Low inflation expectations open space for this.

Full report June 2012

Headlines of the month

 

Global Aggregate Jun 21 Jul 21 Aug 21 Sep 21 Oct 21 Nov 21
Overall Index 29.3 29.4 20.8 17.8 14.4 17.2

More sentix Economic indices

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