Spring recovery not yet in sight

Even in February, the bad news for the economy in Euroland is not abating. The sentix economic index drops to only +3.1 points for the sixth time in a row. This is the lowest level since November 2014! The sentix indices are performing similarly to the recent ifo index: with slightly improved expectations, the situation values continue to collapse. Things are looking a little better internationally. The overall indices may improve slightly here. But this is not enough to proclaim a turnaround.

Full report February 2019

Headlines of the month

  • Also in February, we note a renewed decline of the sentix overall economic index for the Euro zone by 3 points to +3.1. The situation values, with their sixth decline as well, are primarily responsible for this.
  • The situation in Germany is no different: the overall index and the current situation are declining for the fourth time. The loss of momentum remains remarkable.
  • In the other regions of the world, there is also little positive to report. Even though the overall indices in the USA, Japan and other regions may even recover slightly. This is due to slightly improved expectations. But it is not yet possible to speak of a spring revival of the global economy.

sentix Eco Report Euro area

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