Finance

Eurozone investor confidence at 8-month low

According to the statement made by Sentix, which conducts market research and is headquartered in Frankfurt, the Eurozone General Investor Confidence Index, which was minus 17 points in July, fell by 5.5 points to minus 22.5 points this month.

The index, which fell to its lowest level since the energy crisis in November 2022, was expected to decline to 18 points.

The Expectations Index, which measures the expectations of investors for the next 6 months, also decreased from minus 18.3 points to minus 24.5 points.

In Germany, whose economy is based on exports, the General Investor Confidence Index fell by 7.3 points to minus 28.4 in July, the lowest level since November 2022.

“The situation in Germany, the largest economy in the Eurozone, remains particularly dramatic,” said Manfred Hübner, Managing Director of Sentix. used the phrase.

The investor confidence survey was conducted on 5-7 July with the participation of 1,226 investors.

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