ECONOMIC SENTIMENT INDICATORS : EU ECONOMY BACK ON TRACK - EUROSTAT.

• Position: Brief article

Economic sentiment was up again in January, by 2.1 points to 97.1 in the EU and 1.6 points to 95.7 in the eurozone, indicating that it could approach pre-crisis levels in two or three months. Business sentiment is also on the rise, but remained stuck in negative territory at -1.12, Eurostat said, on 28 January.

The long-term average for economic sentiment is 100 points, but it reached an all-time high of 115.1 in the EU (116.3 in the eurozone) in May 2000. Its lowest ebb was in March last...