FRANKFURT (Reuters) – Euro zone investor sentiment improved for the fourth consecutive month in February, reaching its highest level since April, but weakness in the German economy is limiting the rebound, according to the Sentix index published Monday.
The Sentix index for the euro zone fell from -15.8 points in January to -12.9 points in February, against -15.0 expected by the Reuters consensus.
Germany, the region’s largest economy, remains a drag, indicates the survey which evokes the persistence of the economic crisis in the country.
“The recovery is continuing slowly,” underlines the survey, adding that the situation in Germany was “precarious”.
For the euro zone, the expectations index rose from -8.8 points in January to -5.5 points in February, an improvement for the fifth consecutive month and its highest value since February 2023.
The Eurozone Current Situation Index also increased from -22.5 points in January to -20.0 points in February, the fourth consecutive monthly increase.
The survey was carried out among 1,306 investors between February 1 and 3.
(Editor Christoph Steitz, French version Corentin Chappron, edited by Blandine Hénault)
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