Germany’s ZEW economic sentiment fell to 79.8 points in June from 84.4 in May, worsening the 86 estimated by experts. Despite the setback, this is the second best month for the indicator in its historical series.
The ZEW’s current situation improved sharply in June, standing at -9.1 compared to the -40.1 of the previous month, notably improving the -27.8 points expected. This is the fourth consecutive month of improvement for the indicator, and its best result since July 2019.
The ZEW of economic sentiment in the euro zone has moderated in June, going to 81.3 from 84 points the previous month, but improving the forecasts of 77. It should be noted that despite the small decline, it is the second best month in the series historical.
.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
