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File: March 2021 results

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The global upswing

At the beginning of March, the global economy is on a sustained recovery path, increasingly driven less by expec-tations for the future and more by improvements in the assessment of the situation. The global situation index rises for the tenth time in a row to 5.5 points, the overall index even for the eleventh time in a row to the best value since March 2018. The picture is basically the same in all world regions, the upswing is thus broad-based. In Euroland, the situation assessment also improved significantly from -27.5 to -19.3 points, despite continuing re-strictions in many countries.

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