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Economic Sentiment Indicator improves across Europe

 
Economic Sentiment Indicator improves across Europe

Grows 0.4 points in Italy

Giovedì 07 Gennaio 2016, 14:52

Brussels, January 7 - The Economic Sentiment Indicator (ESI) continues to improve across Europe, according to European Commission figures released Thursday. The ESI in the 19-member eurozone rose by 0.7 points over November to 106.8 in December. The same indicator in the 28-member European Union rose by 1.4 points to 108.9 over the same period. The figures remain well below the record 118.8 points for the eurozone and 117.2 for the European Union registered in May 2000, however. The ESI in Italy also rose between November and December by 0.4 points to 109.8. The ESI is made up of five confidence indicators with different weights: industrial, services, consumer, construction, and retail trade confidence.

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