Germany's economic confidence logged a further sharp decline in April to the lowest level in more than three years amid the consequences of the Middle East war, the financial market survey conducted by the think tank ZEW showed Tuesday.
The investor sentiment index worsened to -17.2 from -0.5 in March. The score hit the lowest since December 2022 and remained well below the expected score of -5.0.
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Business News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.