Latest update: ESI/BCI - 27 November 2014
Next update: Flash CCI - 22 December 2014
|November 2014: Economic Sentiment broadly stable in both the euro area and the EU|
In November, the Economic Sentiment Indicator (ESI) remained broadly stable in both the euro area (+0.1 points to 100.8) and the EU (-0.1 points to 104.1). Following October's increase, the declining trend of the ESI observed since June has ground to a halt for the second month in a row.
The Directorate General for Economic and Financial Affairs (DG ECFIN) conducts regular harmonised surveys for different sectors of the economies in the European Union (EU) and in the applicant countries. They are addressed to representatives of the industry (manufacturing), the services, retail trade and construction sectors, as well as to consumers. These surveys allow comparisons among different countries' business cycles and have become an indispensable tool for monitoring the evolution of the EU and the euro area economies, as well as monitoring developments in the applicant countries.
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