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2022/11/18 / Erste Group Research

Uncertainty for the growth outlook remains high

Next week (November 23), the first flash estimate of Eurozone PMI data for November will be published. For November, we expect a further slight weakening of business sentiment in the Eurozone.

The EU’s monthly indicator for economic uncertainty rose slightly again in October and is gradually approaching the highs recorded at the outbreak of the Covid-pandemic in March 2020. Companies are therefore currently acting with corresponding caution and restraint in their personnel planning and investments.


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General information

AuthorErste Group Research
Date2022/11/18
Languageen
Product nameWeek ahead
Topic in focusMacro/ Fixed income
Economy in focusEurozone, United States
Currency in focusEuro, US Dollar
Sector in focus-
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