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Economic Outlook Worsens Considerably

From zew.de

The ZEW Indicator of Economic Sentiment for Germany once again decreased sharply in August 2019. Expectations are now at minus 44.1 points. This corresponds to a drop of 19.6 points compared to the previous month. The indicator’s long-term average is 21.6 points. The ZEW Indicator of Economic Sentiment is therefore at its lowest level since December 2011. Over the same period, the assessment of the economic situation in Germany worsened considerably by 12.4 points, with the corresponding indicator falling to a current reading of minus 13.5 points in August. “The ZEW Indicator of Economic Sentiment points to a ... (full story)

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  • Category: Medium Impact Breaking News