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Economic Sentiment Indicator continues to improve

The Economic Sentiment Indicator (ESI) rose once again in December to 92.0 (+4.1 points) in the EU and to 91.3 (+2.5) in the euro area.

7 January 2010

The ESI has improved in both areas for nine consecutive months since its trough in March 2009, though it still remains below its long-term average.

The majority of Member States reported a general improvement in sentiment. Among the largest Member States, the UK reported a sharp increase (+8.2 points), followed by France (+4.1), while the improvements were less marked in Italy (+2.9), Germany (+1.7) and Spain (+1.2). Sentiment in the Netherlands remained unchanged and decreased slightly in Poland (-0.6).

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