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πŸ‡ͺπŸ‡Ί Eurozone sentiment jumps to βˆ’3.1 while producer prices keep climbing toward 6%

πŸ‡ͺπŸ‡Ί Eurozone sentiment jumps to βˆ’3.1 while producer prices keep climbing toward 6%

Sentix investor confidence rebounded to βˆ’3.1 in July, far above the βˆ’14.5 forecast, even as eurozone producer prices climbed to 5.9% year-over-year in May, the fastest pace since the 2022 energy crisis. That complicates the European Central Bank's June rate hike to 2.25%.

Table of Euro Area Sentix indices from Feb 26 to Jul 26 showing overall index, current situation, and expectations values.
Eurozone investor sentiment rebounded sharply in July as the Sentix index rose to -3.1, with economic expectations turning positive for the first time since March. Source

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