English

Folder Path: \ Reports (English) \

File: October 2024 results

pdf.png
Uploaded:
06.10.24
Modified:
03.11.24
File Size:
369 KB
Version
1.0

China stimulus provides (moderate) tailwind

The downward economic trend has been halted for the time being. All regions of the world are showing signs of improvement: the overall index for the eurozone rose from -15.4 to -13.8 points in October after three consecutive declines. While the current situation index in the eurozone once again plumbed a new low for the year, the expectations index rose to -3.8 points. The eurozone economy is thus starting its next attempt to find its way out of recession/stagnation. The German economy remains in recession mode for the time being. On a positive note, however, the expectation values show an improvement with a plus of 6.8 points. The domestic economy is benefiting from the global economic trend: Asia ex Japan (China) in particular is showing positive momentum. However, the USA and Japan are also signalling an economic revival.

We use cookies and third-party services that store information in the end device of a site visitor or retrieve it there. We then process the information further. This all helps us to provide you with our basic services (user account), to save the language selection, to optimally design our website and to continuously improve it. We need your consent for the storage, retrieval and processing. You can revoke your consent at any time by deleting the cookies from this website in your browser. Your consent is thereby revoked. You can find further information in our privacy policy. To find out more about the cookies we use and how to delete them, see our privacy policy.

I accept cookies from this site.

EU Cookie Directive Module Information