Eurozone investor confidence rises in April
Sentix, which conducts market research and is based in Frankfurt, announced data from the general euro area investor confidence index for April.
Consequently, the Eurozone General Investor Confidence Index, which was minus 11.1 in March, rose 2.4 points to minus 8.7 this month.
The expectation for the index, which rose to the highest level in 13 months, was to rise to minus 9.9.
‘BEST OF FEARED IN THE FALL’
The Expectations Index, which measures investor expectations for the next 6 months, held steady at minus 13 points.
The Current Situation Index also went from minus 9.3 points to minus 4.3 points, thus rising for the sixth consecutive month.
“There is no doubt that the eurozone economy has weathered the winter months better than many feared in the fall,” Sentix said in a statement, adding that the mild winter and energy savings helped avoid downturns. energy bottlenecks on the continent.
The investor confidence survey was conducted from April 6 to 8 with the participation of 1,300 investors. (AA)