Tuesday, 22 July, 2014

Published July 15, 2014
German investor sentiment hits 19-month low in July

[FRANKFURT] Investment sentiment in Germany fell to the lowest level for 19 months in July amid signs of a dent in activity in Europe's top economy, a survey found on Tuesday.

The widely watched investor confidence index calculated by the ZEW economic institute fell by 2.7 points to 27.1 points in July, it said in a statement.

Analysts had been projecting a shallower drop to 28 points this month.

The index now stands at its lowest level since December 2012.