Mexican Media Brands
Economic Sentiment Drops in Germany
Slower than expected economic growth in the first quarter of 2015 prompted Germany's financial community to soften its outlook for the country's economy, according to the latest economic sentiment indicator from ZEW (Mannheim Center for European Economic Research).
#economics
Share
Slower than expected economic growth in the first quarter of 2015 prompted Germany's financial community to soften its outlook for the country's economy, according to the latest economic sentiment indicator from ZEW (Mannheim Center for European Economic Research).
The institute's index fell 11.4 points to 41.9 from April to May. ZEW emphasizes a strong majority of the experts it polled expect growth to slow but not reverse.
ZEW's index of current economic conditions in Germany also weakened, dropping 4.5 points to 65.7. Similarly, Germany's financial community has grown more optimistic about current conditions in the eurozone but less positive about the region's longer-term growth.
RELATED CONTENT
-
China and U.S. OEMs
When Ford announced its 3rd quarter earning on October 24, the official announcement said, in part, “Company revenue was up 3 percent year over year, with net income and company adjusted EBIT both down year over year, primarily driven by continued challenges in China.” The previous day, perhaps as a preemptive move to answer the question “If things are going poorly in China, what are you doing about it?, Ford announced that it was establishing Ford China as a stand-alone business unit.
-
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
-
On Headlights, Tesla's Autopilot, VW's Electric Activities and More
Seeing better when driving at night, understanding the limits of “Autopilot,” Volkswagen’s electric activities, and more.