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European Economic News

German ZEW Investor Confidence Eases Less Than Expected

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Germany's investor confidence weakened less-than-expected in September, reports said Tuesday citing data from the Centre for European Economic Research/ZEW.

The ZEW economic sentiment index fell to 6.9, which was above economists' forecast for a score of 5. In August, the index reading was 8.6.

The current conditions index of the survey, meanwhile, tumbled to 25.4, which was well below the consensus expectation of 40. In August, the reading was 44.3.

The Eurozone economic sentiment index of the survey eased to 14.2 in September. In August, the reading was 23.7.

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