German ZEW - Economic Expectations Decrease Again

From zew.de

The ZEW Economic Expectations for Germany have worsened once again in June 2014. The respective indicator has lost 3.3 points. Now standing at 29.8 points (long-term average: 24.7 points), the indicator has decreased for the sixth time in a row. The recent decrease, however, was notably less significant than the May decrease, when the indicator lost more than ten points. "The German economy is currently in a very good shape, but further increases are becoming more difficult. We had a strong first quarter in 2014 due to favourable weather conditions, but signs are that the second quarter will be weaker. This trend ... (full story)