Euro-zone sentiment index back above average

30 March 2021

 

Summary: Euro-zone composite sentiment index up; above expectations; all industry sectors improve; readings from major euro-zone economies all up; sovereign bond yields up moderately; index implies GDP growth to end of March.   The European Commission’s Economic Sentiment Indicator (ESI) is a composite index comprised of five differently-weighted sectoral confidence indicators.  It is heavily weighted towards confidence surveys from the business sector, with the consumer confidence sub-index only accounting for...

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