Mexican Media Brands
Outlook for German Economy Continue to Strengthen
Confidence in Germany’s economy rose again this month, although at a slower pace, according to the ZEW Indicator of Economic Sentiment.
#economics
Share
Confidence in Germany’s economy rose again this month, although at a slower pace, according to the ZEW Indicator of Economic Sentiment.
The closely watched index, which tracks sentiment about the economy six months from now, climbed to 17.6 points, up from 17.0 in September but below the long-term average of 23.8.
ZEW (the Center for European Economic Research) says the financial market experts it polls base their optimism on data that shows expanding production and growth in new orders. A separate index of sentiment about the eurozone overall gained 1 point for the short-term outlook but dropped 5 points for conditions six months from now.
RELATED CONTENT
-
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.
-
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 Urban Transport, the Jeep Grand Wagoneer, Lamborghini and more
Why electric pods may be the future of urban transport, the amazing Jeep Grand Wagoneer, Lamborghini is a green pioneer, LMC on capacity utilization, an aluminum study gives the nod to. . .aluminum, and why McLaren is working with TUMI.