Economic sentiment in the euro area deteriorated in November

The intensifying pandemic has not benefited the economic climate in the euro area
According to data posted on the website of the European Commission’s Directorate-General for Economic and Financial Affairs (EcFin) on Monday, the value of the Economic Sentiment Indicator (ESI) in the euro area fell by 1.1 points to 117.5 points. The indicator stood at a record high of 119 points in June.
In the European Union, the economic sentiment index is also weakening by 1.1 points to 116.5 points. (MTI)
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