Economic Sentiment in European Union falls to lowest since 1985
Nov 27th, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
In November, the Economic Sentiment Indicator (ESI) declined considerably in the EU and the Eurozone. This came after another sharp decline in sentiment observed in the October survey. It fell by 6.7 points in the EU and by 5.1 points in the Eurozone, to 70.5 and 74.9, respectively. The ESI for the EU stands at its lowest since January 1985, while that for the Eurozone is at the lowest since August 1993.