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Eurozone Investor Confidence Signals Economic Downturn: Sentix

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

Eurozone investor sentiment weakened in August reinforcing the fears of economic downturn as Germany burdens the entire zone with a deep recession, survey data from the behavioral research institute Sentix showed Monday.

The Sentix investor confidence index fell to -21.5 in September from -18.9 in August. The score was forecast to ease to -19.6.

At -22.0, the current situation index declined from -20.5 in the previous month. The score was the lowest since November 2022.

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