Euro zone investor morale worsens further than expected
The skyline with the banking district is photographed in Frankfurt, Germany, September 22, 2021. REUTERS/Kai Pfaffenbach
(Corrects analyst consensus to -4.0 in first paragraph, removing incorrect reference to -6.0)
BERLIN (Reuters) -The Sentix index gauging investor morale in the euro zone fell to -7.4 in November from -5.4 in October, below the -4.0 forecast by analysts polled by Reuters.
The survey of 1,069 investors from November 6-8 showed the assessment of the current situation deteriorated to -17.5 in November from -16.0 in October, Sentix said on Monday.
Economic expectations for the next six months also declined, falling to 3.3 in November from 5.8 in October.
"The euro zone continues to languish, with no signs of momentum for the future," said Sentix in a statement.
"As a result, the path to 2026 seems to be predetermined: the Eurozone economy is unable to emerge from its slump."
In Germany, Europe's largest economy, the overall index fell to -20.4 from -17.9, driven mainly by a decline in expectations to -0.5 from 2.8.
(Reporting by Thomas EscrittEditing by Ludwig Burger)
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