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- The ZEW Indicator of Economic Sentiment for Germany records a decrease of 6.2 points in February
The ZEW Indicator of Economic Sentiment for Germany records a decrease of 6.2 points in February
The ZEW Indicator of Economic Sentiment for Germany records a decrease of 6.2 points in February 2017. The indicator now stands at 10.4 points.
"The downturn in expectations is likely to be the result of the recently published unfavourable figures for industrial production, retail sales and exports. Political uncertainty regarding Brexit, the future US economic policy as well as the considerable number of upcoming elections in Europe further depresses expectations. Nevertheless, the economic environment in Germany has not significantly worsened," comments ZEW President Professor Achim Wambach.
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