Europe - CRE 360 report, September 2021

Market Report provided by BNP PARIBAS

The first half of the year has seen a broad-based improvement in business and consumer sentiment in advanced economies. This stems from accelerating vaccination campaigns plus declining number of new infections leading to the easing of Covid-19-related restrictions. It is aided by ongoing policy support, both monetary and fiscal. However, the elevated levels of business surveys may scale back over the rest of the year as the European situation evolves.