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
Chicken is getting more expensive, eggs are getting more expensive – this is what awaits Hungarian consumers now
A significant price increase has taken place on the domestic…
Read more >2025 brought an unpredictable season to the stone fruit market
The 2025 stone fruit season is characterised by contrasting trends…
Read more >#MatchaTok is taking over: Japanese green tea powder has become the new favorite on social media
The #MatchaTok trend that started on TikTok has taken the…
Read more >