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The ZEW Indicator of Economic Sentiment Stands at minus 24.5 points

From zew.de

The ZEW Indicator of Economic Sentiment for Germany decreased slightly in July 2019. Expectations are now at minus 24.5 points. This corresponds to a drop of 3.4 points compared to the previous month. The indicator’s long-term average is 21.8 points. In July, the assessment of the economic situation in Germany worsened by 8.9 points, with the corresponding indicator falling to a current reading of minus 1.1 points. “In particular the continued negative trend in incoming orders in the German industry is likely to have reinforced the financial market experts’ pessimistic sentiment. A lasting containment of the factors ... (full story)

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