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Sentix research group's index tracking morale among investors
and analysts in the euro zone dipped to 18.4 in August from 18.5
in July. That was below the Reuters consensus forecast for a
reading of 20.2.
"Despite the global headwinds, the euro zone's economy appears
to be in relatively good form," said Manfred Huebner from Sentix.
"The euro zone has swallowed the turmoil surrounding Greece and
a further collapse in economic momentum there relatively well,"
he added.
Sub-indices showed that investors' assessment of current
conditions improved slightly to 15.3, the highest level since
July 2011, while the index measuring expectations slipped to
21.5 from 22.3 in the previous month, hurt by sagging global
economic momentum.
An index tracking Germany showed sentiment in Europe's largest
economy fell slightly, with the current situation component
rising while expectations declined.
The survey of 1,002 investors was conducted between Aug. 6 and
Aug. 8.
(Reporting by Caroline Copley; Editing by Paul Carrel)
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