European Economics

European Chart Book

8 February, 2018

Activity surveys strong as equities fall

While equity markets in the euro-zone have recently declined alongside those in the US, activity surveys continue to paint a very healthy picture of the economy. Indeed, the euro-zone Composite PMI increased to a 12-year high in January and, although it slipped last month, the EC’s Economic Sentiment Indicator remains very close to December’s 17-year high. Admittedly, falls in equity prices sometimes precede downturns in business sentiment. But we doubt that the recent falls signal trouble ahead

Access this publication and more, take our free trial subscription today.

Free Trial

Already a subscriber? Simply log in to view this article.

Save to Library

New Book

Making a Success of Brexit
and Reforming the EU

by Roger Bootle

"Outstanding - engaging - absorbing"
Daily Telegraph

Buy now on Amazon
We use cookies to ensure you get the best experience on our website. Read our Cookie Policy for more information.