The German economic mood is on nadir
The German economic confidence index of the ZEW Economic Research Institute stagnated in May at a five and a half year low.
The Mannheim-based ZEW Institute of Economics announced on Tuesday that the economic mood index in May was minus 8.2 points, just as in April, which has been
the lowest since November 2012.
Analysts expected minus 8.2 points for May. (MTI)
Related news
Card payments continue to grow in Germany
According to data from the EHI research centre, card payments…
Read more >Vegan Food Group acquires Germany’s TofuTown
In its largest acquisition to date, Vegan Food Group has…
Read more >Dairy consumption falls again in Germany
Consumption fell to a new low in 2023, the data…
Read more >
More related news >
Related news
Waves in the company trend – the changing faces of liquidations and company formations
Even with decreasing terminations, decreasing numbers of companies in the…
Read more >IGD: Retail media and increased efficiency will be important in 2024
This article sets out to summarise the retail trend predictions…
Read more >Domestic businesses are planning cautiously but consciously – VOSZ Barometer business sentiment analysis – Q1 2024
Uncertainty is still strongly felt in the business mood of…
Read more >