German investor sentiment falls to five-month low in May: ZEW
[FRANKFURT] Investor sentiment in Germany fell to its lowest level in five months in May as weaker-than-expected growth in the first quarter weighed on confidence, a leading survey found on Tuesday.
The widely watched investor confidence index calculated by the ZEW economic institute fell by a steeper-than-expected 11.4 points to 41.9 points in May, its lowest level since December 2014, ZEW said in a statement.
AFP
Share with us your feedback on BT's products and services
TRENDING NOW
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
As luxury retail goes big, can Singapore’s Orchard Road keep up?
Singapore releases Economic Strategy Review Final Report, with more detailed proposals
Simba ordered to pay S$700,000 in damages to indoor skydiving operator Altitude Xperience for trespass