Latest data released by Sentix - 9 August 2021
- Prior 29.8
A miss on estimates as the euro area economy is still showing strong signs of a recovery but the momentum has arguably slowed considerably, with investor morale falling to a three-month low on concerns of the spread of the delta variant. Sentix notes that:
"The euro area economy is booming, but the pace is slowing noticeably. What is true for the euro area is also visible for the German economy. Fears are growing that new lockdowns could loom from autumn onwards with rising infection figures, and could once again weigh on the economy."
