The mood of German consumers improved better than expected
The economic sentiment index of the German ZEW Institute for Economic Research improved more than expected in September as it had deteriorated continuously in the previous three months.
The economic sentiment index jumped to 17 points in September from the 10 points in August, indicating that the market expects the strengthening of the momentum of the German economy.
Analysts expected 12.5 points for September.
The indicator reflecting the momentum of the economy rose to 87.9 points from the 86.7 points in August, compared to the 0.1-point decline expectation of the analysts. (MTI)
Related news
Ominous signs in the sky of the German economy: layoffs at supermarket chains
German unemployment has remained low, but the country’s economy is…
Read more >The GfK German consumer sentiment index for January improved
The January German consumer sentiment index of the Nuremberg economic…
Read more >GfK’s April German consumer sentiment index improved
The consumer sentiment index of the GfK economic research institute…
Read more >Related news
The 30,000-forint pensioner food voucher cannot be used in all stores
Between September 1 and October 15, the 30,000-forint pensioner food…
Read more >K&H: more and more Hungarian SMEs are looking for EU funding opportunities
The desire to apply has flared up again among Hungarian…
Read more >Here is the Supermint summer seed test: zucchini in the lead role
Experts from the National Food Chain Safety Office (Nébih) tested…
Read more >