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Eurozone Sentix Investor Confidence Weakest Since 2020

By Renju Jaya   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Eurozone investor confidence deteriorated to the lowest in more than two years in September signaling that the recession is deepening, survey results from the behavioral research institute Sentix showed Monday.

The investor confidence index declined to -31.8 in September from -25.2 in August. This was the lowest value since May 2020 and weaker than economists' forecast of -27.5.

Never before in more than 20 years of history, with the exception of the financial crisis in 2008, have investors' assessments of the Eurozone economy been so weak, Sentix said.

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