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According to the Directorate General for Economic and Financial Affairs (DG ECFIN), of the European Commission, in February, the “Economic Sentiment Indicator (ESI) remained broadly unchanged, marking a marginal increase of 0.2 points in both the euro area (to 101.2) and the EU (to 105.0)”. This was the outcome of increases of the relevant indices […]
Tantalizingly slow proves the tempo of Eurozone’s economic resumption, if such a thing exists at all. According to the European Commission Directorate General for Economic and Financial Affairs (ECFIN), “in January the Economic Sentiment Indicator (ESI) increased by 0.5 points in the euro area (to 100.91) and by 0.9 points in the EU (to 104.7)”. […]
Yesterday the European Commission published its autumn 2013 economic forecast for the EU and the Eurozone. Apart from downgrading the growth prospects in relation to last spring projections, Ollie Rehn, Commission vice-President, while presenting the package, used slightly different estimates than the ones contained in the full report prepared by the Directorate-General for Economic and […]
The Economic Sentiment Indicator (ESI), despite a mild rise in September by 1.6 points in the euro area is still below its long-term average (100), and oscillates around the levels of the third quarter of 2010. However if it continuous on its present upwards course, it may soon recover losses of three years. In […]
After yesterday’s barrage of new positive statistics, the European economy seems to secure this summer position in the upwards pointing part of the curve. Business climate, economic sentiment and inflation all seem to turn out much better than expected readings for August. Even the abrupt fall of inflation in the euro area from 1.6% in […]
Last Friday 23 August the European Commission released its flash estimate for the consumer confidence index of this month, finding it markedly improved in relation to July. The full Business and Consumer Survey with final data on August developments is due to be published on 30 August 2013. In detail the Commission’s Directorate-General for Economic […]
All business and consumer indicators for the euro area showed betterment in May according to the Commission’s Directorate General for Economic and Financial Affairs (DG ECFIN), which conducts those regular and harmonised surveys. Business climate indicator (BCI), consumer confidence and economic sentiment indicator (ESI) all improved during this month of May. It’s the first time […]
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