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Germany ZEW dived to -10.7, economy could slip into recession

Germany ZEW dived to -10.7, economy could slip into recession
Germany ZEW Economic Sentiment recorded in significantly decline from 4.1 to -10.7 in May, even worse than expectation of -5.0%. Current Situation Index dropped from -32.5 to -34.8. Eurozone ZEW Economic Sentiment fell form 6.4 to -9.4. Current Situation Index rose 2.7 pts to -27.5. ZEW President Professor Achim Wambach said: “The ZEW Indicator of […] The post Germany ZEW dived to -10.7, economy could slip into recession appeared first on Action Forex... Read More
Posted: May 16 2023, 09:15
Author Name: actionforex
Views: 110629

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