Tuesday, August 13, 2013

German ZEW Indicator - Economic Expectations Improve

Read Full Story at zew.de
The ZEW Indicator of Economic Sentiment for Germany has increased by 5.7 points in August 2013. The indicator now stands at the 42.0 points-mark (historical average: 23.7 points). This is the highest mark since March 2013. First signs of an end to the recession in important Eurozone-countries may have contributed to the indicator’s rise. This is also reflected by the strong increase of economic expectations for the Eurozone. Furthermore, the economic optimism is supported by the robust domestic demand in Germany. The assessment of the current economic situation for Germany has also improved in ... (full story)

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