Mumbai, Nov. 9 -- Investor confidence in the euro area dropped in November, the latest report by Sentix showed on Monday. The confidence index dropped from 2.7 in September to 2.4 in November.
The current situation index held at negative 3.3, while the expectations index slipped by 0.5 points to 8.3. Meanwhile, the report showed that in Germany, the economic sentiment index rose by 0.3 points to negative 3.3.
"Hopes for a sustained recovery have been dealt a further blow," Sentix remarked, citing rising interest rates, high fuel prices, and political uncertainty as factors weighing on the bloc's recovery.
Published by HT Digital Content Services with permission from Capital Market....