Eurozone investor confidence rises in February
Sentix, which conducts market research and is based in Frankfurt, announced data from the general index of investor confidence for the euro area for February.
Consequently, the general index of investor confidence in the euro area, which was minus 17.5 points in January, rose 9.5 points to minus 8 points this month. The expectation for the index, which reached its highest level since March 2022, stood at minus 12.8.
The Expectations Index, which measures investor expectations for the next 6 months, rose from minus 15.8 points to minus 6 points, reaching its highest level since February 2022.
The Present Situation Index, which was minus 19.3 points, also rose to minus 10, the highest level since June 2022.
Patrick Hussy, managing director of Sentix, said: “The 9.5 point rise in the Eurozone Investor Confidence Index in February indicates that a recession is off the table for the time being. Instead, a recessionary scenario is shaping up in the economy.” he used the phrase.
The investor confidence survey was conducted from February 2 to 4 with the participation of 1,317 investors.
On the other hand, the Sentix investor confidence index for Germany, the euro zone’s largest economy, rose 9.7 points to minus 6.8 points in January. Notably, the index increased for 4 consecutive months. The Present Situation Index in Germany rose from minus 18 to minus 8.8 points. (AA)
Source: Sozcu
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