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πŸ‡ͺπŸ‡Ί Sentix confidence beats forecast, but the same survey's inflation gauge is flashing stagflation risk

πŸ‡ͺπŸ‡Ί Sentix confidence beats forecast, but the same survey's inflation gauge is flashing stagflation risk

Eurozone Sentix confidence rose to 0.9 in August, beating forecasts, but its inflation sub-index cratered to βˆ’29.25 from βˆ’13.75, the sharpest drop in over a year, ahead of the ECB's September 10 decision after June's hike to 2.25%.

Line and bar chart of Sentix Economic Index for Euro Area from 2020 to 2026, with current situation bars and expectations line.
Sentix’s eurozone Economic Index flipped back into positive territory at +0.9 on its fourth consecutive monthly rise, with current-situation assessments driving most of the rebound. Source

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