After two consecutive months with strong declines in economic expectations, the economic outlook brightens again in May. The ZEW Indicator rises by 7.0 points and is now at minus 10.2 points, which means it is still in negative territory. The assessment of the current economic situation has slightly deteriorated, however. The situation indicator for Germany is at minus 77.8 points, which is minus 4.1 points below the previous month’s reading. “Expectations are improving but stay in negative territory. The financial market experts are hoping that the Iran war will end soon. Nevertheless, weak industrial production, ... (full story)