German ZEW index is on its lowest value since January 2009

Contrary to the 3.1 points value of the previos month and to the expected -1.5 points, the June sentiment index of German ZEW became -9 points.

The index reflecting on the six months expectations of the dominant players of the German economy is on its lowest value, since January 2009.

The present situation index became also worse than expected. While the previous index value was 91.5 points, the recent data shows 87.6 points points, which is the second highest among this year's months. Analysts expected 90 points – reports mfor.hu