Mexican Media Brands
Confidence in Germany’s Economy Rises Again
Optimism among Germany’s financial experts rose in early December, marking the second consecutive month of improvement, according to the Centre for European Economic Research (ZEW) in Mannheim.
#economics
Share
Optimism among Germany’s financial experts rose in early December, marking the second consecutive month of improvement, according to the Centre for European Economic Research (ZEW) in Mannheim.
ZEW’s closely watched Indicator of Economic Sentiment for Germany climbed 5.7 points to 16.1 this month. In November, the index added 8.5 points to snap seven months of decline.
The institute notes that confidence appears strong enough to overcome the uncertain impact of a massive influx of refugees into Germany and pressure on the country's exports caused by weakened economies in emerging markets.
Germany’s financial community also grew more optimistic about the eurozone’s economy. A separate ZEW index for that region gained 5.6 points this month.
RELATED CONTENT
-
On Global EV Sales, Lean and the Supply Chain & Dealing With Snow
The distribution of EVs and potential implications, why lean still matters even with supply chain issues, where there are the most industrial robots, a potential coming shortage that isn’t a microprocessor, mapping tech and obscured signs, and a look at the future
-
Mazda, CARB and PSA North America: Car Talk
The Center for Automotive Research (CAR) Management Briefing Seminars, an annual event, was held last week in Traverse City, Michigan.
-
Global Car Market to Shrink for 2-3 Years
Global sales of light vehicles will decline year on year through at least 2021, predicts LMC Automotive at its annual outlook conference outside Detroit, Mich.