Germany ZEW rose to -34.3 in May, deterioration still assumed, just slower

Germany ZEW Economic Sentiment improved from -41 to -34.3 in May, above expectation of -42.5. Germany Current Situation index, however, dropped from -30.8 to -36.5, slightly below expectation of -35.0. Eurozone Economic Sentiment rose from -43.0 to -29.5, above expectation of -41.0. Eurozone Current Situation index dropped -6.5 pts to -35.0. ZEW President Professor Achim […]

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