This site is for archive purposes. Please visit www.eliamep.gr for latest updates
Go to Top

European Business Cycle Indicators – 1st Quarter 2016

European Commission, (2016), “European Business Cycle Indicators – 1st Quarter 2016”, European Commission publications, Technical Paper 007, Απρίλιος

Both the euro-area and the EU Economic Sentiment Indicator (ESI) decreased throughout the first quarter of 2016. Despite the sizeable drops, the ESI continues to score above the long-term average of 100 in both the euro area (at 103.0) and the EU (at 104.6). Confidence worsened in all sectors in the euro area, with the largest corrections occurring in retail trade and among consumers. EU developments were similar, but were led by declining services confidence. Compared to the December readings, the ESI deteriorated in five of the seven largest EU economies (Germany, Spain, Italy, Netherlands and the UK), remained broadly stable in France and increased mildly only in Poland. Capacity utilisation in the manufacturing sector increased in the first quarter and currently stands slightly above its long-term average in the euro area and the EU. In the services sector, capacity utilisation declined slightly in the first quarter in both areas.

Σχετικές αναρτήσεις