Economic Indicators

Euro zone investor morale rises in February – survey

2024.02.05 05:24


© Reuters. The constructing of the European Central Bank (ECB) seems on the horizon throughout sundown in Frankfurt, Germany, December 2, 2023. REUTERS/Wolfgang Rattay/File Photo

FRANKFURT (Reuters) – Investor morale in the euro zone improved for the fourth consecutive month in February to its highest degree since April, however financial weak spot in Germany means it’s too early to provide the all-clear, a survey confirmed on Monday.

Sentix’s index for the euro zone rose to -12.9 factors in February from -15.8 in January, above a studying of -15.0 estimated in a Reuters ballot of analysts.

Germany, the area’s largest economic system, stays a drag on the area, Sentix mentioned, pointing to a persistent financial disaster in the nation.

“The recovery process is proceeding slowly,” Sentix mentioned, including the state of affairs in Germany was “precarious”.

For the euro zone, the expectations index rose to -5.5 factors in February from -8.8 factors in January, a fifth consecutive month of enchancment and the very best worth since February 2023.

The index on the present state of affairs in the euro zone additionally rose to -20.0 in February from -22.5 in January, the fourth month-to-month enhance in a row.

The ballot of 1,306 buyers was carried out between Feb. 1 and Feb. 3.

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