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

ESI August 2020

Following the historical slump in March and April, the recovery of the Economic Sentiment Indicator (ESI) continued in August 2020. Registering marked increases in the euro area (+5.3 points up to 87.7) and the EU (+5.0 points up to 86.9), the ESI in both regions has so far recovered around 60% the combined losses of March and April. Also the Employment Expectations Indicator (EEI) improved for the fourth month in a row (by 2.9 points to 89.6 in the euro area and by 2.7 points to 89.5 in the EU).

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