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Investor confidence in the euro area weakened for the second successive month in April, and at a significant pace, data released by the think-tank Sentix showed Monday.
The index fell to -17.3 in April from -10.6 in the prior month. The latest figure was worse-than the expected level of -12.8.
The measure of current situation fell sharply to -33.5 in April from -27.8 in March, while the expectations sub-index dropped to 0.5 from 8.3.
Data released by the Eurostat showed that Eurozone's economic sentiment deteriorated in March. The corresponding index dropped to 90 from 91.1 in the previous month. The relapse was driven by decreases in all business sectors, while consumer confidence remained broadly stable.
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