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🇪🇺 Eurozone sentiment jumps as construction stays stuck in a five-quarter recession
The day in view

🇪🇺 Eurozone sentiment jumps as construction stays stuck in a five-quarter recession

Macro Soup Newsroom Macro Soup Newsroom 3 min read

Eurozone investor confidence just posted one of its sharpest monthly rebounds on record, but construction is stuck in a five-quarter downturn, leaving the ECB with conflicting signals ahead of its policy decision this month.

Table of Sentix Euro Area investor confidence indices from Feb 26 to Jul 26 showing overall index, current situation, and expectations values.
Sentix Eurozone investor confidence rose to -3.1 in July, marking its third consecutive monthly gain as economic expectations turned positive for the first time since March. Source

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