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An avalanche of disappointing statistics on Eurozone was released during the last two days, supporting the view that the single money zone is stuck in economic stagnation. The Business Climate Indicator (BCI), Economic Sentiment Indicator (ESI), the annual inflation and a euro area bank lending survey, all those statistics for April show that the euro […]
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)”. […]
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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