Euro sentiment index maintains lacklustre levels in September

27 September 2024

 

Summary: Euro-zone composite sentiment indicator down slightly in September, slightly below expectations; German, French 10-year yields noticeably lower; readings down in two of five sectors; down in two of four largest euro-zone economies; index implies annual GDP growth rate of 0.7%. The European Commission’s Economic Sentiment Indicator (ESI) is a composite index comprising five differently weighted sectoral confidence indicators.  It is heavily weighted towards confidence surveys from the business sector,...

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