German economic sentiment deteriorated in August on ambiguous monetary policy, disappointing data from the US economy and escalating conflicts in the Middle East, survey results from the think tank ZEW showed Tuesday.The ZEW Indicator of Economic Sentiment declined sharply by 22.6 points to 19.2 from 41.8 in July. The last time expectations deteriorated in a similar manner was July 2022. This was ...
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.