'The drop in the ESI, from 103.1 in August to 101.7 in September, marked a resumption of the steady decline in the index since the start of 2018.'
Europe's economy just showed further signs that it was stuttering after confidence hit a four and a half year low. September's results of the Economic Sentiment Indicator fell to 101.7 from 103.1 in August — a sign that various sectors of the continent's economy are feeling the heat from a slowdown. Capital Economics said that"industrial confidence fell sharply," adding that it suggested,"the downturn in the sector has further to run.
Europe's economy just showed further signs that it was stuttering after confidence hit a four and a half year low. September's results of the Economic Sentiment Indicator fell to 101.7 from 103.1 in August — a sign that various sectors of the continent's economy are feeling the heat from a slowdown. Capital Economics said that"industrial confidence fell sharply," adding that it suggested,"the downturn in the sector has further to run.
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