Eurozone December Investor Confidence -16.8, Short of -15.0 Forecast

Eurozone Displays Signs of Economic Recovery, Despite Modest Gains

The December 2023 Sentix Economic Index reveals early indications of an economic upswing in the Eurozone, characterized by modest yet consistent improvements. The Eurozone Sentix Investor Confidence Index has shown positive movement, advancing to -16.8 in December from the previous -18.6 in November. This improvement, however, fell short of the market’s expected -15.0.

Additionally, the Eurozone’s Expectations Index witnessed a slight uptick, reaching -9.8, a marginal increase from -10.0 recorded in the prior month. This represents the third consecutive month of incremental growth in economic expectations. Furthermore, a significant improvement of 3.3 points in situation values points towards a slow but steady shift in the economic sentiment within the Eurozone.