Eurozone August ZEW Economic Sentiment Index rises to 31.4, reaching a six-month high

⑴ The Eurozone’s ZEW Economic Sentiment Index for August rose further to 31.4, the highest in six months and higher than the market expectation of 25.4, marking the third consecutive month of improvement. According to the survey, 57% of analysts expect economic activity to remain unchanged, 37.2% anticipate improvement, and 5.8% expect deterioration. ⑵ The Current Situation Index increased sharply by 16.2 points to -21.5, while inflation expectations fell by 8 points to 2.4.