Germany's economic sentiment deteriorated to a five-month low in October amid heightened uncertainty surrounding trade talks with the UK and the run-up to the presidential elections in the US, survey data from the ZEW - Leibniz Centre for European Economic Research showed on Tuesday.
The ZEW Indicator of Economic Sentiment fell more-than-expected to 56.1 in October from 77.4 in September. The score was forecast to drop to 73.0. The latest reading was the lowest since last May.
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