Germany December ZEW survey current conditions -77.1 vs -76.0 expected

  • Latest data released by ZEW - 12 December 2023
ZEW
  • Prior -79.8
  • Outlook 12.8 vs 8.8 expected
  • Prior 9.8

The readings point to a continued slight improvement in the assessment of the German economy. However, ZEW notes that a lot of the renewed optimism - especially on the outlook - is due to the share of respondents expecting interest rate cuts by the ECB in the medium-term has doubled.

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