The Eurozone Sentix Investor Confidence index came in at -25.2 in August from -26.4 in May vs. -24.7 expected. The index resumed its recovery but failed to ease off recession fears.
The current situation in the eurozone was up very slightly at -16.3 in August after falling to -16.5 in the previous month, which was its lowest since March 2021.
An expectations index rose to -33.8, still close to its July level, which was the lowest since December 2008.
"The economic situation in the eurozone remains difficult.”
"A recession in the eurozone is still very likely.”
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