The ZEW Indicator of Economic Sentiment Stands at minus 21.1 points

From zew.de

The ZEW Indicator of Economic Sentiment for Germany decreased sharply in June 2019, and now stands at minus 21.1 points. This corresponds to a drop of 19.0 points compared to the previous month. The indicator’s long-term average is 22.0 points. Over the same period, the assessment of the economic situation in Germany slightly worsened by 0.4 points, with the corresponding indicator falling to a current reading of 7.8 points. The economic outlook for Germany is therefore similarly negative as it was in the last quarter of 2018. “The sharp drop in the ZEW Indicator of Economic Sentiment coincides with an increased ... (full story)