Investor morale in the eurozone returned to positive territory in August and rose for a fourth consecutive month, helped by a sharp improvement in current economic conditions and continued confidence in the recovery, a new survey has shown.
The Sentix index for the eurozone rose to 0.9 points in August from -3.1 in July, compared with a Reuters poll forecast of -0.5.
The index has now increased for four straight months and reached its highest level since February 2026
Sentix said the improvement was driven mainly by a sharp recovery in investors’ assessment of current conditions, while expectations also improved.
The current situation sub-index climbed to -8.0 points in August from -14.8 in July, while the expectations gauge rose to 10.3 points from 9.3.
Sentix added that the confidence shock caused by the Iran war appeared to have been partially absorbed, though high energy costs and subdued order books remained a drag on the outlook.
Sentix’s headline index for Germany rose to -11.9 points from -19.4, its third consecutive increase and highest reading since February.
“Further economic stabilisation is on the horizon for Germany,” Sentix said, pointing to stronger economic data and second-quarter growth of 0.2% that helped the economy avoid another recession.
The survey of 1,097 investors, including 213 institutional investors, was conducted between 6-8 August.
