Growth back in the euro zone
08 March 2015
Posted in
sentix Economic News
The euro-zone economy sends clear signals of strength. Investors’ assessments of the current situation have climbed
to their highest since May 2014. But what is even more important is the continued strong improvement of investors’
6-month expectations which show their highest reading since February 2006. This gives hope that this time the
recovery is a more sustainable one enabling the euro zone to finally leave its recessionary tendencies behind. Germany
remains the area’s growth engine. On a global level, it is the US which shows some signs of slowing down,
probably a result of the ever stronger US dollar.
Headlines of the month
- In March, the composite index for the euro zone rises once more markedly. With 18.6 points it stands now its highest level since August 2007!
- The German economy continues to boom. The composite index (39.5 points) and its expectations component both reach all-time highs.
- In an international context it is only the US and Latin America which stand out slightly negatively. In contrast, the indices for Eastern Europe improve clearly, and Austria seems to benefit from that. The Global Aggregate remains in the boom area of our economy clock.
sentix Eco Report Euro area
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