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Expectations Rise Sharply, but Overall Outlook Remains Negative

From zew.de

The ZEW Indicator of Economic Sentiment for Germany experienced a sharp rise in September 2019, making up for the significant decline witnessed in August. Currently standing at minus 22.5 points, the indicator climbed 21.6 points compared to the previous month. The indicator thus exhibits about the same level as in June, which was minus 21.1 points. It remains, however, well below the long-term average of 21.5 points. In the current September survey, the assessment of the economic situation in Germany worsened by 6.4 points, with the corresponding indicator falling to a current reading of minus 19.9 points. This has ... (full story)

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  • Category: Low Impact Breaking News