Sentix’s eurozone investor sentiment index deteriorated further

By: Trademagazin editor Date: 2021. 10. 05. 11:10

For the third consecutive month in October, the Sentix Frankfurt Economic Research Institute’s euro area investor sentiment index deteriorated as another sign that economic growth has turned from the peak of the post-pandemic recovery.

Investor sentiment in the euro area deteriorates further

According to a survey published on Sentix’s website on Monday, the eurozone investor sentiment index fell 2.7 points to 16.9 points, the lowest level since April. The market expected a less deteriorating value of 18.6 points in October after the 19.6 points in September.

Of the two components of the indicator quantifying the assessment of the current situation weakened from 30.8 points in September to 26.3 points, while the six-month sub-index indicating cyclical expectations fell from 9 points to 8 points. (MTI)