FRANKFURT, Feb 5 Reuters Investor morale in the euro zone improved for the fourth consecutive month in February to its highest level since April, but economic weakness in Germany means it is too early to give the allclear, a survey showed on Monday.
Sentix39;s index for the euro zone rose to 12.9 points in February from 15.8 in January, above a reading of 15.0 estimated in a Reuters poll of analysts.
Germany, the region39;s largest economy, remains a drag on the region, Sentix said, pointing to a persistent economic crisis in the country.
The recovery process is proceeding slowly, Sentix said, adding the situation in Germany was precarious.
For the euro zone, the expectations index rose to 5.5 points in February from 8.8 points in January, a fifth consecutive month of improvement and the highest value since February 2023.
The index on the current situation in the euro zone also rose to 20.0 in February from 22.5 in January, the fourth monthly increase in a row.
The poll of 1,306 investors was conducted between Feb. 1 and Feb. 3.
Reporting by Christoph Steitz, Editing by Rachel More
Source Reuters