Investor sentiment in the Eurozone improved less than expected in August
The Sentix economic research institute’s August euro zone investor sentiment index improved less than expected: the professionals interviewed proved to be less pessimistic about the expected developments, but the degree of improvement fell short of expectations.
Sentix’s investor confidence index improved from minus 26.4 points in July to minus 25.2 points instead of the expected minus 24.7 points. The July figure was the lowest in more than two years.
Both components contributed to the index’s current value with some improvement, but the perception of the outlook improved to a greater extent than the perception of the current situation. The value of the indicator quantifying the assessment of the current situation improved to minus 16.3 points from minus 16.5 points, and the value quantifying the assessment of the outlook improved to minus 33.8 points from minus 35.8 points.
“The economic situation in the euro area remains difficult,” Manfred Huebner, managing director of Sentix, summarized the findings of the survey. Due to weak consumer confidence, high inflation and rising energy prices, “a recession remains very likely in the euro area”
– he pointed out.
The Sentix investor confidence index quantifies the six-month economic outlook of the Eurozone based on the subjective impressions of around 2,800 investors and analysts, as part of a regular monthly survey. A value above zero indicates optimism, a value below zero indicates pessimism.
Related news
Márton Nagy: Domestic consumption is strengthening
Domestic consumption is strengthening, internal demand and the performance of…
Read more >GKI analysis: Labor productivity in the manufacturing industry is close to stagnation
Sorry, this entry is only available in HU.
Read more >In October, the economic index of the GKI decreased slightly further
According to a survey conducted by GKI Gazdaságkutató – with…
Read more >Related news
Autumn brought a more restrained result in tourism
Following the summer growth, September showed more modest numbers in…
Read more >Márton Nagy: Domestic consumption is strengthening
Domestic consumption is strengthening, internal demand and the performance of…
Read more >Chocolate fever and spicy orders – this is how Hungarians celebrate Halloween
Special orders and new candy trends in Central Europe: intimate…
Read more >