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Economy And The Numbers

Eurozone Sentix Investor Confidence At 8-Month Low

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

Eurozone investor sentiment declined for the third straight month to hit an eight-month low in July, suggesting that the region remained in a recessionary mode and the situation is more severe than the usual summer lull, survey results from the behavioural research institute Sentix showed on Monday.

The Sentix economic index posted -22.5 in July, which was the lowest since November 2022, when euro area was facing acute energy crisis. The reading was forecast to fall to -17.9 from -17.0 in June.

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