Stagnation is not yet progress
08 September 2019
Posted in
sentix Economic News
The economic situation in Euroland remains tense. The sentix economic indices improved slightly in September to minus 11.1 points. However, a look at the situation values, which have slipped even deeper into the red, shows that the Euro zone is not far from a recession. In Germany, on the other hand, it must now be assumed that the economy will no longer grow. The expected values, which can recover more clearly, do give us some hope. But as long as these bear a negative sign, a trend reversal is not yet in sight.
Headlines of the month
- In September, the economic situation in Euroland remains tense. The sentix overall economic index remains weak at -11.1 points, although it rises by 2.6 points.
- This is due to a clear recovery of the expected values to -12.8. The assessment of the situation, on the other hand, is still falling to -9.5 points. The Euro zone thus remains close to a recession.
- There are also few positive reports from the other regions of the world. With the exception of Latin America, which is sliding deeper into recession, all overall indices are rising slightly. To date, however, this has only hid stagnation at a weak level and no real trend reversal.
| Euro area | Jun 21 | Jul 21 | Aug 21 | Sep 21 | Oct 21 | Nov 21 |
|---|---|---|---|---|---|---|
| Overall Index | 28.1 | 29.8 | 22.2 | 19.6 | 16.9 | 18.3 |
