CEO Comité Européen de l‘Outillage 
European Tool Committee 
Europäisches Werkzeugkomittee

European Business Cycle Indicators – 1st Quarter 2020

This edition of the European Business Cycle Indicators (EBCI) takes a closer look at the drivers of the Economic Sentiment Indicator.

The Economic Sentiment Indicators (ESI) for the euro area (EA) and the EU began the first quarter of 2020 on an upbeat note, booking solid increases in January and February after some two years of broadly declining readings. The tentative recovery, however, came to an abrupt halt in March, when corona virus struck and sentiment plummeted as much as never before in a single month (EA: −8.9, EU: −8.2 points).

Further information:

European Business Cycle Indicators – 1st Quarter 2020

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