Mexican Media Brands
Economic Sentiment Revives in Germany
Financial experts in Germany have turned more optimistic about the country’s economy, according to the closely watched ZEW Indicator of Economic Sentiment.
#economics
Share
Financial experts in Germany have turned more optimistic about the country’s economy, according to the closely watched ZEW Indicator of Economic Sentiment.
The U.K.’s vote in June to exit the EU caused ZEW’s index to plunge 26 points to a 44-month low of minus 6.8 in July. The indicator regained 7.3 this month to move half a point into positive territory. The index was above 50 at the beginning of last year.
A separate ZEW index of confidence in the future of the eurozone’s economy jumped 19.3 points in August to 4.6, partially reversing a nearly 40-point dive in July.
Economic research center says the uptick reflects partial recovery from the Brexit shock. But the group cautions that lingering worries political risks in the region, and the resiliency of the EU banking sector, will continue to mute the economic outlook.
RELATED CONTENT
-
Enterprise Edges into Self-Driving Car Market
U.S. rental car giant Enterprise Holdings Inc. is the latest company to venture into the world of self-driving vehicles.
-
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 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