The sentix economic index drops to only +3.1 points for the sixth time in a row. This is the lowest level since November 2014. It was expected that the index will rise to -1.1 compared with -1.5 in January. The sentix indices are performing similarly to the recent ifo index: with slightly improved expectations, the situation values continue to collapse. Things are looking a little better internationally. The overall indices may improve slightly here. But this is not enough to proclaim a turnaround.

The report also reflected a renewed decline of the sentix overall economic index for the Euro zone by 3 points to +3.1. The situation values, with their sixth decline as well, are primarily responsible for this.

The situation in Germany is no different: the overall index and the current situation are declining for the fourth time. The loss of momentum remains remarkable.