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
The rise in food prices has fallen, and no significant increase in prices is expected until the end of the year
In the past two years, consumers in Hungary experienced a…
Read more >Márton Nagy: inflation remains at a low level
In accordance with preliminary government indications, inflation remained at a…
Read more >Inflation increased moderately in October in the Czech Republic
Inflation in the Czech Republic increased by 0.3 percent from…
Read more >
More related news >
Related news
Billa Invests Over €56m In 2024 To Expand Presence In Bulgaria
Supermarket chain Billa has invested BGN 110 million (€56 million)…
Read more >SPAR International And Circana Announce Strategic Partnership
SPAR International, the food retail chain, has announced a key…
Read more >Why are parcel locker providers getting stuck? This data points to the reasons
Parcel terminals are becoming increasingly popular: this year, nearly three-quarters…
Read more >