Latest data released by ZEW - 19 February 2019
- Prior 27.6
- Expectations -13.4 vs -13.6 expected
- Prior -15.0
- Eurozone expectations -16.6
- Prior -20.9
Current conditions reading slump to its weakest level since December 2014 as economic sentiment surrounding the German economy continues to deteriorate in a rather stark manner. Given the drop, ZEW notes that it does not expect a 'rapid recovery' of the slowing German economy. Of note, the outlook/expectations are seen improving slightly but continue to sit in negative territory.
