The ZEW Indicator of Economic Sentiment for Germany records a decrease of 6.2 points in February

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14 February 2017

The ZEW Indicator of Economic Sentiment for Germany records a decrease of 6.2 points in February

The ZEW Indicator of Economic Sentiment for Germany records a decrease of 6.2 points in February 2017. The indicator now stands at 10.4 points.

"The downturn in expectations is likely to be the result of the recently published unfavourable figures for industrial production, retail sales and exports. Political uncertainty regarding Brexit, the future US economic policy as well as the considerable number of upcoming elections in Europe further depresses expectations. Nevertheless, the economic environment in Germany has not significantly worsened," comments ZEW President Professor Achim Wambach.

ECB Could Buy EUR1.57B of Greek Bond Notional Each Month - Dow Jones

GBP/USD fell to $ 1.2439, updating the session low after weak data on inflation in the UK. The January consumer price index was -0.5%, while the previous value showed an increase of + 0.5%

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