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The market-based uncertainty indicator* plateaued in April in the Eurozone, bringing an end to its upward movement since mid-January 2024. In the United States, it fell in the last three weeks of April after rising during the first week.
* dispersion of the daily performances of individual companies.
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In the Eurozone, the European Commission’s economic uncertainty index continued to fall in April (black curve). However, in a new and encouraging development, this fall can now be seen in all sectors, including the retail trade sector (yellow curve), which had risen in March.