BERLIN—Investor morale in the eurozone was essentially unchanged in August from the previous month, with a slight rise too little to stave off fears of recession in the 19-country currency bloc, a survey showed on Monday.
Sentix’s index for the eurozone inched up to -25.2 points from -26.4 in July. A Reuters poll had pointed to an August reading of -24.7.
“The economic situation in the euro zone remains difficult,” Sentix Managing Director Manfred Huebner said in a statement, adding the slight rise did not signal the all-clear.
“A recession in the euro zone is still very likely,” he said, citing weak consumer confidence, inflation, and energy prices….