BERLIN, Aug 9 - Investor morale in the euro zone fell in August to a three-month low on a sharp drop in expectations due to concerns that new lockdown restrictions could loom in autumn and beyond, a survey showed on Monday.
Sentix's index for the euro zone decreased to 22.2 points in August from 29.8 in July. A Reuters poll also pointed to an August reading of 29.0.
An expectation sub-index's third decline in a row and fell to its lowest since May 2020. A current conditions index rose for the sixth month in a row, hitting its highest level since October 2017 and has expanded beyond that of last month.
The Eurozone economy is booming but the pace is slowing noticeably, said Sentix Managing Director Patrick Hussy.
What is true for the euro zone is also visible to the German economy as a whole. Fears are growing that new lockdowns could loom as new infections figures took about from autumn onwards and could once again weigh on the economy, he added.
Sentix surveyed 1,070 investors from Aug. 5 to July 7.