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- Eurozone Sentix Investor Confidence index rose in April
Eurozone Sentix Investor Confidence index rose in April
According to the report from Sentix, the economy in the euro zone continued to stabilize at the beginning of April. The sentix overall economic index rises to -0.3 (highest value since November 2018) after -2.2 points in the previous month.
The sentix economic index for the situation in the euro zone dropped to only 3.8 points in April. This is, after all, the eighth consecutive decline. On the other hand, expectations are rising by 6 points to -4.3, the third time in a row. This means that the economy is still losing momentum, but the momentum is declining.
Germany is currently one of the regions with the weakest economic momentum. The further collapse of the situation values from 20.0 to 10.5 points, the lowest level since April 2010, is worrying. In January 2018 the value was still 72.25! Expectations are rising for the third time in a row but are still negative at -6 points.
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