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Italy posts sharpest gain in EU economic sentiment indicator

Thursday 31 August 2017 | 10:27 CET | News
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Italy has surprisingly posted the sharpest improvement in the August Economic Sentiment Indicator (ESI) published by the European Commission. The Italian reading jumped by 3.6 percent compared to 1.7 percent for France, 1.4 percent for Spain and a 0.6 percent drop in Germany, said the EC, adding that the overall ESI for the euro area inched up 0.6 points to 111.9, its highest level in over 10 years.

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