Russia-Ukraine war in March greatly deteriorated investor sentiment in the euro area
Investor sentiment in the eurozone fell much weaker than analysts expected in March, according to a survey by the Sentix Economic Research Institute in Frankfurt, mainly due to the Russian war against Ukraine, the effects of which on the world economy are almost unpredictable for the time being.
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The euro area investor sentiment index fell to its lowest level since November 2020, minus 7 points in March from 16.6 points in February. Experts expected 5.3 points for March.
Both components of the index, expectations for the next six months and perceptions of the current environment, have deteriorated. (MTI)
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