Mexican Media Brands
Economic Sentiment Rises in Germany
Germany’s financial community has grown more optimistic this month, according to the closely watched ZEW Indicator of Economic Sentiment from the Mannheim Center for European Economic Research.
#economics
Share
Germany’s financial community has grown more optimistic this month, according to the closely watched ZEW Indicator of Economic Sentiment from the Mannheim Center for European Economic Research.
The index, which was above 50 in early 2015, has been hovering around zero since July. This month it gained 5.7 points to reach 6.2 compared with a long-term average of 24.1. ZEW says its index of current conditions gained 4.4 points to reach 59.4 this month.
The gains reflect “relatively robust” economic activity in Germany, according to the institute. But it cautions that political and economic risks remain, especially those that could impact the German banking sector.
RELATED CONTENT
-
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
-
VW Warns of Higher Costs to Develop EVs
CEO Herbert Diess says the €20 billion ($23 billion) Volkswagen AG has budgeted to electrify its entire vehicle lineup won’t be enough to meet that goal.
-
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.