The euro area’s Economic Sentiment Indicator is at an almost ten-year peak

In April, the European Commission’s Business Climate Index in the euro area reached a six-year peak, while the Economic Sentiment Indicator (ESI) reached its nearly ten-year peak.

In April, the European Commission’s Business Climate Index reached a six-year peak at 0.83 points, compared to the 0.83 points of March, thus significantly outperforming the 0.82 point market expectations. April’s 1.09 points is the highest value of the indicator since April 2011.
The Economic Sentiment Indicator in Hungary remained 115.7 points in April. (MTI)