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German ZEW Economic Confidence Rises In June

By Renju Jaya   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Germany's economic confidence improved in June but remained negative as the economy faces uncertainties posed by the war in Ukraine and the tightening of monetary policy, survey results from the ZEW - Leibniz Centre for European Economic Research showed on Tuesday.

The ZEW Indicator of Economic Sentiment climbed to a four-month high of minus 28.0 points in June from -34.3 in May. The reading was forecast to rise to -27.5.

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