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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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.