German Investor Morale Falls More than Expected
24 Articles
24 Articles
German investor confidence fell more than expected in October, ending a five-month period of improvement, a survey by the ZEW economic research institute showed on Tuesday. The decline was driven by high energy prices, which are dampening consumption and investment.
In October, the Zew index fell to 28.1 points, compared to 34.7 points in September. German investors' expectations decreased more than expected with economists estimating the value of the 30-point index. (ANSA). (ANSA)
Investors' confidence in Germany returned in October for the first time in six months, as the high energy prices driven by war in the Middle East continue to pressure families and businesses. Exclusive material for subscribers. To have full access, access the link of the subject and register.
The economic expectations of German financial experts drop by 6.6 points to 28.1 points in October. High energy prices and weak consumption slow the expected upturn.
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