Germany's economic sentiment deteriorated to a seven-month low in July as financial market experts expect further economic downturn in the face of more monetary policy tightening, results of a closely watched survey showed Tuesday.
The Indicator of Economic Sentiment declined more-than-expected to -14.7 in July from -8.5 in June, survey data from the ZEW-Leibniz Centre for European Economic Research showed.
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by Renju Jaya
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