(CercleFinance.com) – In January 2023, the economic sentiment indicator (ESI) picked up again compared to the previous month, in the European Union (+2.3 points to 98.0) as in the euro (+2.8 points to 99.9), according to the European Commission.
“With this third consecutive increase, the ESI is approaching its long-term average”, underlines Brussels which notes rising confidence in industry, services, retail trade and among households, but in decline in the construction.
The employment outlook indicator (IEE) also increased (+2.3 points to 108.5 in the EU and +2.7 points to 110.1 in the euro zone) and is therefore clearly above its long-term average.
Copyright © 2023 CercleFinance.com. All rights reserved.
Did you like this article ? Share it with your friends with the buttons below.