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File: November 2023 results

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Small ray of hope, but no all-clear

The November data provides some hope: the economic index for the Eurozone rises by 3.4 points to -18.6 points. Economic expectations in particular are surprising with an increase of 6.8 points. A similar trend can be seen for Germany. While the current assessment remains in recessionary territory, expectations are recovering even more dynamically. There are also small rays of hope in the international data. Economic expectations are rising almost everywhere, with the situation figures in the USA even showing an exclamation mark. Despite these glimmers of hope, the issue of stagnation is not yet off the table.

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