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File: November 2021 results
- Uploaded:
- 07.11.21
- Modified:
- 07.11.21
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- 347 KB
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- 1.0
sentix Economic Index: Things are looking up again!
- Economic indicators manage a turnaround in November. At 18.3 points, the overall index for the euro zone rises for the first time since July 2021, despite a further decline in the current situation. The improvement is due to a significant rise in expectations, which increased by 5.3 points.
- For Germany, the overall index stagnated once again, with the current situation values even dropping by a further 6.2 points. Fortunately, however, the expectations component increased by 5.3 points. The turnaround seems to have been achieved!
- This confirms our thesis for the global economy that the recent slowdown is a mid-cycle slowdown. Economic expectations are rising, especially in the USA, but also in Asia.
