Ukraine crisis causes economy to slump drastically

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The economy in the Eurozone slumps dramatically due to the Ukraine crisis. The overall index falls to its lowest value since November 2020, with expectations eroding particularly sharply by -34.75 points. This has never happened before in the 20-year history of the sentix economic index! The picture in Germany is also comparable. The Eastern European region suffers particularly strongly and falls into a deep recession. The US economy is also being hit by the crisis shock, although not quite as hard. On the positive side, the economic situation there re-mains at 29.8 points and so far only indicates an economic slowdown. The Asian economic region is also in the wake of the global downward trend.

Full report March 2022

Headlines of the month

Euro area Jan 22 Feb 22 Mar 22 Apr 22 May 22 Jun 22
Overall Index 14.9 16.6 -7.0 -18.0 -22.6 -15.8

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