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Economy And The Numbers

German ZEW Economic Confidence Continues To Fall

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

German economic confidence weakened for the fourth consecutive month in September as the global chip shortage as well as short supply of construction materials weighed on profit expectations, survey results from the ZEW - Leibniz Centre for European Economic Research showed Tuesday.

The ZEW Indicator of Economic Sentiment for Germany fell more-than-expected to 26.5 in September from 40.4 in August. The expected level was 30.0.

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