Investor sentiment in the euro area is on a more than seven-year low
In August, the German and Eurozone Economic sentiment index of the Mannheim-based ZEW Economic Research Institute fell to a 7.5-year low – according to a survey released on Tuesday.
ZEW’s economic sentiment index in Germany, measuring investor sentiment, decreased by 19.6 points in August to 44.1 points, compared to the previous month, the lowest since December 2011.
The actual value of the indicator turned out to be much worse than the market expectation of minus 28.5 points. (MTI)
Related news
The annual growth rate of food, alcoholic beverages and tobacco prices slowed to 2.6 percent in March in the eurozone
In accordance with the preliminary estimate, the annual inflation in…
Read more >Retail sales decreased in the euro area and the EU in February
Retail turnover in the euro area and the EU decreased…
Read more >Inflation moderated in the euro zone and the EU in February
In February, inflation of 2.6 percent, which was lower than…
Read more >Related news
IGD: Retail media and increased efficiency will be important in 2024
This article sets out to summarise the retail trend predictions…
Read more >Vegan activist on Forbes’ prestigious “30 successful Hungarians under 30” list
Raul Vida, the founder of Prove magazine, is the first…
Read more >UEFA and Just Eat Takeaway extend partnership
Just Eat Takeaway has extended its partnership with the UEFA…
Read more >