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Oct ZEW Mixed As Current Conditions Rise and Sentiment Dips

GERMAN DATA

GERMANY OCT ZEW ECONOMIC SENTIMENT +56.1; SEP +77.4

GERMANY OCT CURRENT CONDITIONS -59.5; SEP -66.2

  • The ZEW Expectations fell sharply in Oct, down 21.3 points to 56.1.
  • The ZEW Current Conditions recovered further, rising by 6.7pt to -59.5, the highest level since Mar, beating forecasts projecting an increase to -72.0.
  • The report notes that sentiment remains clearly in positive territory, but the 'euphoria' of August and September has gone..
  • Economic Sentiment in the Eurozone also fell, down 21.6 points to 52.3 in Oct, while the current conditions increased 4.3pt to -76.6.
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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