Low growth in euro-zone continues; ESI ticks up in November

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28 November 2024

 

Summary: Euro-zone composite sentiment indicator up a touch in November, slightly above expectations; German, French 10-year yields moved lower; readings up in three of five sectors; up in two of four largest euro-zone economies; index implies annual GDP growth rate of 0.6%. 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...

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