FRANKFURT, April 8 (Reuters) – Investor sentiment in the euro zone improved for the sixth consecutive month in April, reaching its highest level in more than two years, according to a survey on Monday.
The Sentix index for the euro zone fell from -10.5 in March to -5.9 points in April, its highest level since February 2022, and compared to a forecast of -8.5 by analysts polled by Reuters.
“Will there finally be a lasting rebound in the economy? In any case, the economic recovery in the euro zone and in the world continues,” notes Sentix, which notes that “the economic signals are also stabilizing at the ‘international”.
Although expectations for Germany have reached their highest level since February 2022, Europe’s largest economy “remains the most problematic of the major industrialized nations.”
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For the euro zone, the outlook index rose from -2.3 points in March to 5.0 points in April, an increase for the seventh consecutive month and its highest value since February 2022.
The Eurozone Current Situation Index also increased from -18.5 points in the previous month to -16.3 points in April, the sixth consecutive monthly increase.
The survey was carried out among 1,201 investors between April 4 and 6. (Reporting Christoph Steitz, French version Corentin Chappron, editing by Kate Entringer)
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