The ZEW Indicator of Economic Sentiment for Germany has slightly declined in July 2013. The indicator has fallen by 2.2 points compared to the previous month and is now hovering at the 36.3 points-mark (historical average: 23.7 points). "The financial market experts stick to their overall positive forecast. This illustrates their confidence in the robustness of the German economy despite the rather weak figures concerning industrial production and foreign trade released recently", says ZEW President Prof. Dr. Clemens Fuest. The assessment of the current economic situation for Germany has improved slightly in July. ... (full story)