German optimism seems to fade away
ZEW institute's German economic mood index decreased from the 57.7 points of September to 56 points in October, while analysts expected 58.3 points.
According to the preliminary expectations of the institute; positive economic mood change was expected, due to the increase in the number of orders, but the expectations in connection with Germany were weakened, by the decreasing exports. The Economic Research Institute however remains cautious with the forthcoming months. Growth is expected only in long-terms – reports tozsdeforum.hu.
Related news
More related news >
Related news
Corporate leaders’ commitment to sustainability at record level
According to the latest data from the K&H Sustainability Index,…
Read more >FAO food price index rose slightly in June due to higher prices of meat, dairy products and vegetable oils
The Food and Agriculture Organization of the United Nations (FAO)…
Read more >What can cause the price of a wine to increase tenfold?
There are fewer of them worldwide than the number of…
Read more >