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Expectations Rise Slightly
The ZEW Indicator of Economic Sentiment for Germany recorded a slight increase in the current June 2023 survey. At minus 8.5 points, it is 2.2 points above the previous month’s value. In contrast, the assessment of the economic situation in Germany declined very sharply. The corresponding indicator fell 21.7 points to a new value of minus 56.5 points. “The ZEW Indicator of Economic Sentiment shows a slight improvement, but it remains in negative territory. This means that experts do not anticipate an improvement in the economic situation during the second half of the year. Particularly, sectors focused on exports ... (full story)