Economic Sentiment Drops Again in Germany
Worries about Greece and slow global economic growth have lowered optimism about the Germany's economic growth for the third consecutive month, according to the closely watched ZEW Indicator of Economic Sentiment for the country.
#economics
Worries about Greece and slow global economic growth have lowered optimism about the Germany's economic growth for the third consecutive month, according to the closely watched ZEW Indicator of Economic Sentiment for the country.
ZEW's index, which indicates sentiment among members of Germany's financial markets, fell 10.4 points to 31.5 in June. The index was at 54.8 in March.
The economic institute notes that its index for the eurozone also fell to 53.7 points in June, down 7.5.
RELATED CONTENT
-
Porsche Doubles EV Target for 2025
Porsche AG says about half the vehicles it sells by 2025 will be equipped with hybrid or all-electric powertrains, twice the ratio it forecast four weeks ago.
-
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
-
Report Forecasts Huge Economic Upside for Self-Driving EVs
Widespread adoption of autonomous electric vehicles could provide $800 billion in annual social and economic benefits in the U.S. by 2050, according to a new report.