The German economic mood is on nadir
The German economic confidence index of the ZEW Economic Research Institute stagnated in May at a five and a half year low.
The Mannheim-based ZEW Institute of Economics announced on Tuesday that the economic mood index in May was minus 8.2 points, just as in April, which has been
the lowest since November 2012.
Analysts expected minus 8.2 points for May. (MTI)
Related news
Amazon stops offering Fresh home delivery in Germany
After seven years, US-based Amazon is to discontinue its Fresh…
Read more >
Seven In Ten Younger Consumers Use Self-Checkouts Regularly In Germany
A new study by KPMG and the EHI Retail Institute…
Read more >
German consumers save a record amount on sustainable food
The propensity to buy sustainable products in Germany has fallen…
Read more >Related news
Holiday Shopping Study 2024: European Consumers Plan Ahead Amid Economic Pressures
The “Holiday Shopping Study 2024,” conducted by ShopFully and Offerista…
Read more >
Oversupply in the office market, returning demand in retail properties and hotels expected in 2025
The Hungarian commercial real estate market is currently characterized by…
Read more >
Sándor Czomba: the minimum wage will increase by nine percent next year
The minimum wage will increase by nine percent next year,…
Read more >
