Germany ZEW survey current conditions -47.6 vs -48.0 expected

News
  • Prior -45.8
  • Economic sentiment -55.3
  • Prior -53.8

That’s another dismal reading as ZEW notes that they expect a further decline in the already weak economic growth in Germany. Adding that high inflation rates and expected additional costs from higher energy prices are to decrease profit expectations for the private consumption sector.

Articles You May Like

Australian Dollar trades lower as RBA minutes draw attention
Too labored bottoming
Gold Price Today: Yellow metal prices rise by Rs 900/10 gm in 2 days, silver up by Rs 1,750/kg
USDCHF reaches its 200 hour MA and swing area target
Gold falls Rs 100 to Rs 78,600 per 10 gm; silver jumps Rs 500

Leave a Reply

Your email address will not be published. Required fields are marked *