Eurozone Investor Sentiment Deteriorates in September

Monday’s survey revealed that investor sentiment in the eurozone fell further in September, driven by another sharp drop in expectations on concerns that new COVID-19 restrictions may slow business activities.

The Sentix index for the eurozone fell to 19.6 points from 22.2 points in August. This is the lowest reading since April and falls short of a Reuters forecast for a reading of 19.7.

A sub-index of expectations suffered its fourth consecutive decline and fell to its lowest level since May 2020. An indicator of existing conditions remained unchanged.