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
German retail sales increased in March
Germany’s retail turnover increased more than expected in March compared…
Read more >Edeka builds a recyclable supermarket
Germany’s leading supermarket chain Edeka is building a new store…
Read more >Aldi Süd Opens Mixed-Use Property Near Karlsruhe
Discounter Aldi Süd has developed a mixed-use property in Waldbronn…
Read more >Related news
Euro zone inflation was 2.4 percent in April as well after March
In line with analysts’ expectations, annual inflation in the euro…
Read more >Gergely Suppan: the recession is clearly over in Hungary
The recession is clearly over in Hungary, from now on…
Read more >K&H: the inflation anomaly is clearly visible, but customers perceive it differently
Although inflation has slowed down a lot, according to the…
Read more >