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Expectations Remain Negative, Situation at a 3-Year Low

From zew.de

The ZEW Indicator of Economic Sentiment for Germany recorded a slight increase in the current September 2023 survey, just as it did in the previous month. At minus 11.4 points, it is 0.9 points above the previous month’s value. In contrast, the assessment of the economic situation in Germany continues to worsen considerably. The corresponding indicator fell 8.1 points to a new value of minus 79.4 points. This is the lowest value in three years. “The assessment of the current economic situation in Germany by the financial market experts is even more pessimistic than in August 2023. This development puts into ... (full story)

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