Eurozone investor confidence collapsed in April, falling to its lowest level since the middle of 2020 to signal the start of a recession as high inflationary pressures and supply concerns due to the Ukraine war clouded the outlook, results of a closely-watched survey showed Monday.
The investor confidence index dropped to -18 from -7 in March, the behavioral research institute Sentix said. Economists had forecast a score of -9.2.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
For comments and feedback: editorial@rttnews.com