Eurozone Overall Index Expands for First Time in Four Months

Source: Sentix

The Eurozone overall index posted its first expansion since July 2021 in November, driven mainly due to improved expectations. EZU is up 0.08%.

• The Overall index for the Eurozone stood at 18.3 points in November, marking the first growth in four months since July.
• The climb was attributed to the rise in expectations, up by 5.2 points.
• The overall index was contracted in Germany, with the current situation values down by 6.2 points.
• The expectations components jumped by 5.3 points, reflecting a turnaround.