German ZEW plummets to 3.6 as optimism evaporates, Eurozone follows

Germany’s ZEW Economic Sentiment dropped sharply in September, falling from 19.2 to 3.6, significantly missing expectations of 18.6. Current Situation Index also saw a stark declinefrom -77.3 to -84.5, its lowest level since May 2020. In the broader Eurozone, ZEW Economic Sentiment fell to 9.3, down from 17.9, while Current Situation Index dropped -8 points […]

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