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German investor confidence index slumps in September

Published Tue, Sep 15, 2015 · 09:50 PM
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Berlin

INVESTOR sentiment in Germany slumped in September over concerns that sharply slowing growth in emerging markets would hurt the vital export sector of Europe's top economy, a leading survey said on Tuesday.

The widely watched investor confidence index calculated by the ZEW economic institute sank 12.9 points from August to stand at just 12.1 points - a level not seen for almost a year and far short of analysts' expectations.

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