German ZEW Economic Sentiment deteriorates further
“The outlook for the German economy has dimmed noticeably”. This was a quote from the German economic research institute, the ZEW.
"The outlook for the German economy has significantly deteriorated." This is a quote from the German Economic Research Institute ZEW.
The German ZEW Economic Sentiment indicator has deteriorated for a fifth consecutive month today, but also came in worse than expected. The miss was driven by a deterioration in the Current Conditions component.
German ZEW Economic Sentiment drops to 22.3 in October, from 26.5 in September (a decline to 24.0 was forecast)
German ZEW Current Conditions falls to 21.6 from 31.9 (a deterioration to 28.5 had been forecast)