Economic Sentiment Indicator in EU Drops to 2-Year Low in December - EU Commission

The economic sentiment indicator in the European Union fell to a two-year low in December 2018, the European Commission said Tuesday

MOSCOW (Pakistan Point News / Sputnik - 08th January, 2019) The economic sentiment indicator in the European Union fell to a two-year low in December 2018, the European Commission said Tuesday.

"In December 2018, the Economic Sentiment Indicator (ESI) decreased markedly in both the euro area (by 2.

2 points to 107.3) and the EU (by 2.0 points to 107.6)," the statement of the Directorate-General for Economic and Financial Affairs reads.

This figure is the lowest since January 2017.

The indicator has been decreasing for 12 months in a row.

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