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2021/10/14 / Erste Group Research

Erholt sich das Sentiment im Oktober?

Kommende Woche wird eine erste Schnellschätzung des Einkaufsmanagerindex im Oktober für die Eurozone, Deutschland und Frankreich veröffentlicht. Nachdem sich die Probleme der globalen Lieferketten seit September teilweise verschärft haben, rechnen wir mit keiner Entspannung des Sentiments der Einkaufsmanager im Oktober.

Die wichtigste Frage, die derzeit an den Märkten diskutiert wird, ist die weitere Entwicklung der Inflation. Neben Berichten von sehr hohen Inflationsraten feuern immer neue Meldungen über Lieferengpässe die Verunsicherung an. Die US-Wirtschaft ist aufgrund riesiger Konjunkturpakete nicht nur sehr schnell aus der Krise herausgekommen, sondern es fand auch eine starke Verschiebung der Nachfrage von Dienstleistungen zu Gütern statt. Insgesamt ist es daher treffender, von einem Nachfrageüberhang als von Lieferengpässen zu sprechen.

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General information

AuthorErste Group Research
Product nameWochenausblick
Topic in focusMacro/ Fixed income
Economy in focusEurozone, United States
Currency in focusEuro, US Dollar
Sector in focus-


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