Germany's economic confidence weakened in December as supply bottlenecks continue to weigh on production and retail sales, survey results from the ZEW - Leibniz Centre for European Economic Research showed on Tuesday.
The ZEW Indicator of Economic Sentiment fell 1.8 points to 29.9 in December. Nonetheless, the score remained above the expected level of 25.1.
The current conditions index plunged 19.9 points to -7.4 in December. This was the first time since last June that the indicator entered the negative territory. The reading was forecast to fall to 5.0.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.