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Both Expectations and Assessment of the Current Situation Improve

From zew.de

In June 2020, the ZEW Indicator of Economic Sentiment for Germany increased for the third consecutive time. The indicator currently stands at 63.4 points, which corresponds to a rise of 12.4 points compared with the May result. The assessment of the economic situation in Germany has improved for the first time since January 2020. In the current survey, the corresponding indicator stands at minus 83.1 points, 10.4 points higher than in the previous month. “There is growing confidence that the economy will bottom out by summer 2020. This is reflected in the renewed rise of the ZEW Indicator of Economic Sentiment as ... (full story)

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  • Category: Low Impact Breaking News