The further increase in the EC’s Economic Sentiment Indicator for July echoes the message from other surveys that the recovery continued at the start of Q3. But it tells us little about how far activity remains below pre-crisis levels, and the resurgence in virus cases poses a major risk to the outlook.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services