Germany ZEW economic sentiment dropped to -53.8, even worse than pandemic low

Germany ZEW Economic Sentiment dropped from -28 to -53.8 in July, well below expectation of -38.0. Current Situation Index dropped from -27.6 to -45.8, below expectation of -33.5. Both readings were even worse than the values recorded at the beginning of the COVID-19 pandemic. Eurozone ZEW Economic Sentiment dropped form -28.0 to -51.1, below expectation […]

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