Eurozone June Sentix investor confidence -13.4 vs -14.6 expected
- Investor confidence -13.4 vs -14.6 expected
- Prior -16.4
Euro area investor morale picked up more than expected heading into June, as concerns about a deep economic slowdown eased compared to the previous month. That said, the overall reading remains relatively subdued following the steep drop since April.
As things stand, the mood surrounding the euro area economic outlook is still rather poor compared to other major regions.
Germany remains the biggest drag still, with the current conditions index there falling by another 0.2 points to its lowest since February 2025. The overall reading for the euro area with regards to the current situation index is at -20.0 (previously -21.5) while the expectations index rose to -6.5 (previously -11.3).
Sentix notes that “concerns about a sharp economic downturn have eased noticeably" but warns that elevated energy prices will continue to weigh on inflation expectations and in turn, keep pressure on central banks.
This article was written by Justin Low at investinglive.com.