BERLIN—Investor morale in the eurozone slid for the third consecutive month in October to its lowest level since May 2020 signaling a deep recession for the 19-country currency bloc, a survey showed Monday.
Sentix’s index for the eurozone tumbled to—38.3 points in October from—31.8 in September, below expectations of analysts polled by Reuters for a reading of—34.7.
The expectations index also took a tumble to—41.0 from—37.0, hitting its lowest value since December 2008, the peak of the financial crisis after the collapse of Lehman Brothers.
The index on the current situation in the eurozone also fell, declining to—35.5 in October from—26.5 in September and hitting its lowest since August 2020….