Fifth consecutive increase
07 September 2020
Posted in
sentix Economic News
The economic recovery, which has been observable globally since May 2020, continues in September. In Euro-land, but also in many other regions, we are measuring the fifth consecutive rise in the overall indices. A positive aspect is that the expectation values remain stable, i.e. the improvement is largely driven by the current situa-tion. However, these values are still largely in negative territory, meaning that the recessionary tendencies have not yet been fully overcome. In an international comparison, Switzerland and Asia ex Japan stand out.
Headlines of the month
- The economic recovery following the Corona-induced slump in the global economy continues at the beginning of September. The sentix economic index for Euroland rises to -8 points for the fifth time in succession. This is the best value since February 2020.
- While the expectations remain stable, the situation values continue to climb. However, the recession has not yet been overcome. The situation in Germany is similar to that in Euroland.
- We are recording a particularly positive development for Switzerland, with an overall index of +10 points, and in Asia ex Japan. Here the expectation values are rising to their highest level since February 2013. The dynamics in the USA are more restrained and similar to those in Euroland. In Latin America, the situation seems to be stabilizing.
sentix Eco Report Euro area
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