- Prior -77.3
- Expectations 19.9 vs 17.5 anticipated
- Prior 15.2
The headline studying is the bottom since June 2020 however a minimum of the outlook index continues to enhance considerably. ZEW notes that the German economic system “is in a bad place”, with the one vivid spot being that respondents are hoping for a change in fortunes as soon as the ECB begins chopping charges later within the 12 months.
This text was written by Justin Low at www.forexlive.com.