Economic sentiment in the euro area and the EU stagnated in October

By: Trademagazin editor Date: 2020. 10. 29. 11:07

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After a steady improvement since May, economic sentiment stagnated in October in both the euro area and the European Union.

According to data posted on the website of the European Commission’s Directorate-General for Economic and Financial Affairs (DG EcFin) on Thursday, the Economic Sentiment Indicator (ESI) for the euro area in October was 90.9 points, the same as in September. In the 27 Member States of the European Union, the October ESI was the same as the September 90 point.
Experts expected deteriorating 89.5-point euro area ESI data for October.