Mexican Media Brands
Economic Outlook Improves in Germany
Confidence within Germany’s financial markets rebounded in November after seven months of steady decline, according to the ZEW Indicator of Economic Sentiment.
#economics
Share
Confidence within Germany’s financial markets rebounded in November after seven months of steady decline, according to the ZEW Indicator of Economic Sentiment.
The index, which slid from a 13-month high of 54.8 in March to 1.9 in October, gained 8.5 points this month to reach 10.4. The measure indicates attitude about Germany’s economy six months ahead and has a long-term average of 24.8.
ZEW (the Mannheim Centre for European Economic Research) says the weaker euro, continuing growth in the American market and Germany’s high level of domestic consumption point to continued “robust development” of the country’s economy.
But the institute say financial experts remain worried about the health of the broader eurozone. ZEW’s index of confidence in the region declined by 1.8 points to 28.3 in November.
RELATED CONTENT
-
on the Genesis GV60 interior, EV sales in H1, Bentley Bentayga's wood work, Faurecia's advanced manufacturing & more
The strange glowing orb in the Genesis GV60. . .global EV sales in the first half. . .creating wood for the Bentayga interior. . .the importance of material handling at Faurecia. . .lux ATPs. . .fast Porsche. . .fast Lambo. . .the Avalon Hybrid. . .Silverado steel. . .
-
GM, Ford Evaluate Possible Economic Slump
General Motors and Ford say they have bolstered their cash reserves in case the trade war between the U.S. and China triggers a global recession.
-
On Lincoln-Shinola, Euro EV Sales, Engineered Carbon, and more
On a Lincoln-Shinola concept, Euro EV sales, engineered carbon for fuel cells, a thermal sensor for ADAS, battery analytics, and measuring vehicle performance in use with big data