(Sentix) The economic index gauging the current situation in the Eurozone was recorded at 13.5 in December, the lowest since April and a fall from 18.3 in November.
The decline in the economic sentiment reflects concerns of “mid-cycle slowdown,” with tightened Covid variant measures dampening the outlook.
In Germany, the economic sentiment was down for the fifth time in a row to touch its lowest since March.
Despite the declining economic sentiment, expectations are stable, with projections that future situations could improve marginally.
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