According to the report from Sentix, the economic situation in the Eurozone continues to improve. The sentix situation index rises for the third time in a row to 6.3 points. The overall index reached its highest value since March 2018, meaning that the recession caused by the Corona crisis has been overcome.
In Germany, the situation assessment even rises for the twelfth time in a row to 15.3 points. This is the best value since May 2019. Economic expectations even rise to an all-time high.
The excellent economic performance is evident in all regions of the world. The overall index for the US reaches an all-time high and rises for the 13th consecutive month. The global economy is now beginning to show clear signs of overheating. This is likely to prompt central banks to slow down the momentum.
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