Frankfurt:Investor confidence in the eurozone has decreased for the second consecutive month in November, although the decline was smaller than market expectations, based on Sentix data released on Monday.
According to Anadolu Agency, the Frankfurt-based research institute's Overall Investor Confidence Index decreased by 0.3 points from October, reaching 2.4 points in November, which was above the market forecast of 2.1 points.
The survey, which included 1,025 investors, among them 220 institutional participants, was conducted from November 5 to November 7. The sub-index for the current situation remained unchanged at minus 3.3 points, while the expectations index, which measures six-month outlooks, dropped to 8.3 points, marking its lowest level since June 2026.
Negative evaluations of the current conditions suggested that the euro area has not yet overcome its period of economic weakness. Factors such as rising interest rates, high crude oil prices, and political uncertainties continued to impact the bloc's economic environment.
Despite the overall weakness across the eurozone, Germany's Sentix barometer showed a slight recovery, increasing to minus 3.3 points after a decline in October. Germany's assessment of the current situation improved for the fifth consecutive month, reaching minus 14 points, the highest level since May 2023.