ZEW’s economic sentiment index in Germany deteriorated less than expected in April
The economic sentiment index, which reflects German investor expectations for the next six months, deteriorated less than analysts expected in an April survey by the ZEW economic research institute in Mannheim.
German investor sentiment deteriorates less than expected
The indicator fell to minus 41 points from minus 39.3 points in March; analysts expected a larger deterioration in the indicator, minus 48 points for April.
The 93.6-point drop in March was the largest since the introduction of the ZEW index in December 1991. (MTI)
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