18 September 2012 15:49 [Source: ICIS news]
The Mannheim-based Centre for European Economic Research (ZEW) said that September’s increase in its monthly economic sentiment indicator for
Another possible factor contributing to September’s improvement may have been the European Central Bank’s decision to purchase government bonds to help overcome the eurozone debt crisis, the group said.
However, ZEW president Wolfgang Franz added that the crisis is not solved yet “and the risks for economic activity remain”.
The widely followed ZEW indicator is based on a survey of 263 financial market analysts.
Paul Hodges studies key influences shaping the chemical industry in his Chemicals and the Economy blog
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