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July 2020: Recovery of euro area and EU Economic Sentiment continues – Employment Expectations further up

ESI July 2020

In July 2020, the recovery of the Economic Sentiment Indicator (ESI) continued. Registering a sharp increase in the euro area (+6.5 points up to 82.3) and the EU (+6.9 points up to 81.8), the ESI in both regions has so far recovered around half of the combined losses of March and April. Also the Employment Expectations Indicator (EEI) improved markedly for the third month in a row (by 4.0 points to 87.0 in the euro area and by 4.1 points to 87.0 in the EU).

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