Trademagazin > News and articles > Market News > ZEW’s German Economic Sentiment Index is on a twenty-year high
ZEW’s German Economic Sentiment Index is on a twenty-year high
In September, instead of the expected decline, the economic sentiment index in Germany rose to a twenty-year high in a survey by the ZEW economic research institute in Mannheim. The euro area economic sentiment index reached a 16-year high.
The German business sentiment indicator rose 5.9 points to 77.4 points, the highest since May 2000 in September from 71.5 points in the previous month, down from a decline of 69.8 points expected by analysts. (MTI)
Related news
Aldi Süd Opens Mixed-Use Property Near Karlsruhe
Discounter Aldi Süd has developed a mixed-use property in Waldbronn…
Read more >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 >
More related news >
Related news
KSH: Gross average earnings were HUF 605,400 in February 2024, 14.0 percent higher than a year earlier
In February 2024, the gross average earnings of those employed…
Read more >Sándor Czomba: 566 micro, small and medium-sized enterprises receive capacity-building support
566 people successfully applied for the capacity expansion support aimed…
Read more >UN: worldwide food insecurity continued to increase last year
The insecurity of the food supply has increased further in…
Read more >