• German ZEW economic sentiment declined to 18-month low in June

Market news

17 June 2014

German ZEW economic sentiment declined to 18-month low in June

The ZEW Centre for Economic Research released its index for Germany and the Eurozone. The German economic sentiment dropped by 3.3 points to 29.8 in June from 33.1 in May. Analysts had expected an increase by 1.9 points to 35.0.

Eurozone’s ZEW economic sentiment climbed to 58.4 in June from 55.2 in May, missing expectations for a gain to 59.6.

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