According to the statement made by Sentix, which conducts market research, the Euro Area General Investor Confidence Index, which was 19.6 points in September, decreased by 2.7 points to 16.9 points this month.
INVESTOR CONFIDENCE INDEX BELOW EXPECTATIONS
The expectation for the index, which fell to its lowest level since April 2021, was to decline to 18.6 points. In addition, it was noteworthy that the index showed a decrease for 5 consecutive months.
EXPECTATION INDEX DROPPED 1 POINT
The Expectations Index, which measures investors' expectations for the next 6 months, also dropped to 8 points from 9 points, to its lowest level since May 2020. The Current Situation Index, on the other hand, decreased from 30.8 to 26.3 points.
THE INDEX FOR GERMANY DECREASE 0.9 POINTS
On the other hand, the Sentix Investor Confidence Index for Germany, the largest economy in the Eurozone, fell by 0.9 points to 20 points in October. It is noteworthy that the index has been decreasing for 3 months in a row.
Comments
No comment yet.