The economic expectations for Central and Eastern Europe including Turkey (CEE region) on a six-month time horizon have brighten up in February. The respective indicator has improved by 8.3 points to 24.5 points. The improvement of the economic expectations for the CEE region can be mainly ascribed to the positive outlook for the economies in Poland and Hungary. The evaluation of the current economic situation in the CEE region has again slightly declined in the current survey. The respective indicator has dropped by 1.6 points to 18.4 points.
The economic expectations for the Eurozone within the next six months have risen by 5.9 points to 22.6 points. The assessment of the current business cycle in the Eurozone has gained 6.9 points and reached a value of minus 7.1 points. The indicator reflecting the economic expectations for Austria within the next six months has made a correction of the strong increase in January and has deteriorated significantly by 19.6 points to 29.0 points in February. The evaluation of the current economic situation in Austria has improved slightly by 3.6 points to 37.8 points.