In April, the business sentiment index in the eurozone rose to its highest level since August 2018, according to a survey published on Tuesday by the Sentix Institute for Economic Research.
The business sentiment index rose 13.4 points in April from 5.0 points in the previous month instead of the expected 7.5 points. The value achieved in April is the highest since August 2018, at 14.7 points.
The index hit a low of minus 42.9 points a year ago, in April 2020, as a result of the restrictive measures put in place due to the coronavirus epidemic. By May, the mood had hardly improved somewhat, the index had risen to minus 41.8 points, but by June the momentum had already started to improve, reaching 24.8 points. The index first reached a positive value in January this year at 1.2 points, then slipped back to minus 0.2 points in February. (MTI)
Related news
Eurozone retail sales fell month-on-month, but rose year-on-year in May
Retail sales in the eurozone and the European Union fell…
Read more >Eurozone economic growth accelerated in June
The eurozone’s economic performance accelerated in June, according to the…
Read more >Eurozone retail sales rise in April
Retail sales in the eurozone and the European Union increased…
Read more >Related news
Chicken is getting more expensive, eggs are getting more expensive – this is what awaits Hungarian consumers now
A significant price increase has taken place on the domestic…
Read more >2025 brought an unpredictable season to the stone fruit market
The 2025 stone fruit season is characterised by contrasting trends…
Read more >#MatchaTok is taking over: Japanese green tea powder has become the new favorite on social media
The #MatchaTok trend that started on TikTok has taken the…
Read more >Loading, Please Wait!
This may take a second or two.