ZEW expects strong growth in Germany even with a lower economic sentiment index

By: Trademagazin editor Date: 2021. 06. 10. 11:09

Instead of the expected growth, the German economic sentiment index of the ZEW Economic Research Institute fell in June from a 21-year high in May. However, according to the survey, a strong recovery can still be expected in Germany over the next six months.

The German Economic Sentiment Index (ESI) fell to 79.8 points from a 21-year high of 84.4 points in May. The market growth to 86.0 points for June.

However, the opinion of the approximately three hundred institutional investors surveyed on the current situation in Germany improved significantly, with the relevant indicator rising from minus 40.1 points in May to minus 9.1 points in June. (MTI)