Investor morale in the eurozone fell in January to the lowest level in more than a year Reuters
FRANKFURT (Reuters) – Investor sentiment in the euro zone fell to its lowest level in more than a year in January, a survey showed on Monday, with Germany still holding back the bloc.
The Sentix index for the eurozone fell to -17.7 in January from -17.5 in December. That was the lowest level since November 2023, although it was not as bad as the forecast of analysts polled by Reuters -18.0.
“In the eurozone, the economic engine threatens to freeze in the long term,” the study said, adding that Germany’s recessionary economy “hangs on the eurozone like a leaden weight.”
The Jan. 2-4 survey of 1,121 investors showed expectations improved slightly to -5.0 in January from -5.8 last month.
But that gain was outweighed by a worsening view of the current situation, which fell to -29.5 in January from -28.5 in December. This is the lowest level since October 2022.
The survey also found that Germany – Europe’s largest economy and one facing federal elections next month – is in recession and unlikely to emerge anytime soon.
