Germany's ZEW economic expectations index rose in June but remains subdued - News Summed Up

Germany's ZEW economic expectations index rose in June but remains subdued


By Xavier FontdegloriaExpectations for economic growth in Germany improved in June but remained well below the levels seen before the Ukraine war, data from the ZEW economic research institute showed Tuesday. The index of economic expectations increased to minus 28.0 in June from minus 34.3 in May. "Financial market experts are less pessimistic about the economy", said Achim Wambach, president of the ZEW institute. Views about the current economic situation in Germany also improved in June. The index gauging current conditions rose to minus 27.6 in June from minus 36.5 in May, above economists' expectations of minus 31.0.


Source: Wall Street Journal June 14, 2022 10:13 UTC



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