ZEW’s German economic sentiment index declined to an eight-year low
The economic sentiment index plummeted to an eight-year low in March, according to a survey released on Tuesday in Germany by the ZEW Economic Research Institute in Berlin. Euro area indicators worsened in March.
For the month of March, the ZEW German economic sentiment index decreased to minus 49.5 points from the 8.7 points in the previous month.
The market expected a much smaller downturn. The consensus for March was minus 26.4 points among analysts. (MTI)
Related news
The GfK German consumer sentiment index for January improved
The January German consumer sentiment index of the Nuremberg economic…
Read more >GfK’s April German consumer sentiment index improved
The consumer sentiment index of the GfK economic research institute…
Read more >In February, German and Eurozone economic sentiment improved more than expected
By February, the economic sentiment index of the ZEW economic…
Read more >Related news
VOSZ Barometer – 2024. II. quarter: mandatory optimism or real growth?
The perception of inflation is still present in domestic companies,…
Read more >Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >