In January, the Economic Sentiment Indicator (ESI) rose for the tenth successive month.
In January, the Economic Sentiment Indicator (ESI) rose for the tenth successive month and stood at 97. 1 (+2. 1 points) in the EU and 95.7 (+1.6) in the euro area. Thus, although the rebound appears to be slowing, the indicator is now back at a level approaching its long-term average in both areas.
The majority of Member States reported a general improvement in sentiment. Among the largest Member States, Italy (+4.2 points) reported the most significant increase, followed by the UK (+3.2) and the Netherlands (+2.7). The improvements were less marked in Poland (+0.9), Germany (+0.6), France (+0.6) and Spain (+0.3).