The ZEW Indicator of Economic Sentiment for Germany recorded a decrease in the current July 2023 survey. At minus 14.7 points, it is 6.2 points below the previous month’s value. The assessment of the economic situation in Germany also worsened. The corresponding indicator fell 3.0 points to a new value of minus 59.5 points. “The ZEW Indicator of Economic Sentiment is shifting even more noticeably into negative territory. Financial market experts predict a further deterioration in the economic situation by year-end. A key reason for this is the expectation of rising short-term interest rates in the eurozone and the ... (full story)