News Info News

This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at El índice de sentimiento económico de los europeos vuelve a crecer en agosto

European economic sentiment index returns to grow in August

01/09/2009

September 1, 2009

The indicator of economic sentiment in the euro area (ESI in its acronym in English) recorded in August, a sharp rise of 4.6 points, up 80.6 points, while in the whole of the European Union is increased by 5.9 pointsreaching a level of 80.9 points, representing the fifth consecutive monthly increase in both regions, according to data from the European Commission.
The majority of Member States reported increases, and the most significant were those of United Kingdom (9.7 points), Holland (7.6), Germany (5.1) and Poland (4.5). In Spain, the most outstanding recovery took place in the sector of the construction of 8 points, while prospects in the industry also improved significantly in 5 points. The services sector also improved, although milder form, by 2 points.