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Economic Situation at Lowest Level Since June 2020
The ZEW Indicator of Economic Sentiment for Germany increased again in the February 2024 survey. The indicator reaches 19.9 points, 4.7 points above the January value. In contrast, the assessment of the economic situation in Germany has decreased significantly. The corresponding indicator lost 4.4 points and now stands at minus 81.7 points. “The German economy is in a bad place. The assessment of the current economic situation by the respondents has deteriorated to the lowest level since June 2020. In contrast, economic expectations for Germany have improved again. Accordingly, more than two-thirds of the ... (full story)