German investor sentiment is at a nine-month low
In August, for the third month in a row, the German investor sentiment index of the ZEW Economic Research Institute deteriorated and fell to a nine-month low with an unexpectedly large decline.
The indicator fell 22.9 points to 40.4 points from 63.3 points in the previous month instead of the expected 55-56 points.
The ZEW investment sentiment index hit a 21-year high of 84.4 points in May. It has also declined three times in a row since then. The lowest value of the index was in March last year, minus 49.5 points due to disease control restrictions. (MTI)
Related news
Eurozone retail sales growth slows in March
Retail sales growth slowed in March in both the eurozone…
Read more >Eurozone economic growth accelerates to seven-month high in March
The eurozone economy grew at its fastest pace in seven…
Read more >Eurozone economy stagnated in the fourth quarter
Contrary to analysts’ expectations, the eurozone economy stagnated in the…
Read more >
More related news >
Related news
Organic food is only sold in Hungary through imports – public catering could be a breaking point
Although the domestic retail turnover of organic food is growing…
Read more >The single market would get a new boost: EU strategy to break down trade barriers
The European Commission is set to revamp the single market…
Read more >It’s not up to pharmacies – voluntary price cap is coming?
The government has set a goal of reducing the price…
Read more >