Trademagazin > News and articles > Market News > Economic sentiment in the euro area improved in October
Economic sentiment in the euro area improved in October
Near the historic peak, the euro area economic sentiment index improved in October instead of the deterioration expected by experts, while inflation expectations rose to record levels.
According to data posted on the website of the European Commission’s Directorate-General for Economic and Financial Affairs (EcFin) on Thursday, the value of the Economic Sentiment Indicator (ESI), which reflects consumer confidence in the economy, rose 0.8 points to 118.6 points in the euro area in October. The October figure barely fell short of the 119-point record set in July. (MTI)
Related news
Eurozone inflation accelerated to 2 percent in October
On an annual level, the increase in consumer prices in…
Read more >Bank360: The government will introduce automatic inflation-tracking tax increases
The government is introducing automatic tax increases for several taxes.…
Read more >October tea prices: why did Hungarians’ favorite hot drink become so expensive?
Inflation and the rise in the price of raw materials…
Read more >
More related news >
Related news
Márton Nagy: Domestic consumption is strengthening
Domestic consumption is strengthening, internal demand and the performance of…
Read more >Eurozone inflation accelerated to 2 percent in October
On an annual level, the increase in consumer prices in…
Read more >KSH: in August, the product foreign trade surplus was 443 million euros
In August, the volume of exports decreased by 5.6 percent…
Read more >