Stock market professionals are increasingly skeptical about the German economy. The barometer for the assessment of the economy in the coming six months fell in August by 1.5 to minus 55.3 points and thus for the second time in a row, as reported by the Mannheim Center for European Economic Research (ZEW). The financial market experts therefore expected the already weak economy to deteriorate further. “The ongoing high increase in consumer prices and the expected additional costs for heating and electricity are currently having a particularly negative impact on the prospects for the consumer-related sectors of the economy,” said ZEW expert Michael Schröder.
World Economy – ZEW Index falls again – Economy
