09-Dec-2024

Eurozone investor confidence tumbles to one year low

Eurozone investor confidence dropped in December as the weakness of the German economy together with the political crisis in France weighed on the EU economy, results of the Sentix survey showed Monday. The Sentix investor confidence index for Eurozone slipped to -17.5 from -12.8 in November, the behavioral research think tank said. This was the lowest value since November 2023. The current situation as well as expectations values declined in December. Assessment of current situation reached its weakest level since November 2022. At -28.5, the current situation index plummeted into the deep red from a three-month high of -21.5 in November. The expectations index also fell to -5.8 from -3.8 a month ago.

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