In August 2024, the Economic Sentiment Indicator (ESI) edged up in both the EU (+0.4 points to 96.9) and the Euro Area (+0.6 points to 96.6). 

The Employment Expectations Indicator (EEI) picked up more significantly in both areas after several months of decline (EU: +0.9 points to 99.6, Euro Area: +1.3 points to 99.2). While the EEI is very close to its long-term average of 100, the ESI continues to score below that reference value.

Source: European Commission
Post by: Republic of Türkiye Ministry of Trade