European economic sentiment just hit a new four year high
Advertisement
REUTERS/Gonzalo Fuentes
Advertisement
The Economic Sentiment Indicator hit 104.2, the highest since 2011. The index broke into positive territory at the end of 2014 and has been there ever since.
Any figure above 100 indicates that people are confident on net.
Analysts were expecting the index to dip slightly to 103.9.
In July, it came in at 104. That was previously the strongest reading since 2011.
Advertisement
Despite Greece's dramatic negotiation for a bailout deal, the turmoil in Athens and Brussels hasn't seemed to weigh on sentiment too much.
Advertisement
- As Ilya Sutskever announces OpenAI exit, here’s a quick recap of his involvement in Sam Altman's firing last year
- DHFL scam, simplified: Here’s all about the Dheeraj Wadhawan case — allegedly India’s biggest banking loan fraud ever
- India-UK trade pact: Work in progress to resolve pending issues
- 5 most colourful mountains in the world
- Vivo takes the top spot in India: Top smartphone brands in Q1 2024
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market