German ZEW – Economic Expectations Decline Significantly

The ZEW Indicator of Economic Sentiment for Germany declines significantly in August 2014. The respective indicator has lost 18.5 points and now stands at 8.6 points (long-term average: 24.6 points). Decreasing for the eighth consecutive time, the indicator has reached its lowest level since…

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German ZEW – Economic Expectations Decline Significantly