Latest data released by ZEW - 18 June 2019
- Prior 8.2
- Expectations -21.1 vs -5.6 expected
- Prior -2.1
- Eurozone expectations -20.2
- Prior -1.6
Despite the current conditions beating expectations slightly - but still showing a fall from May - the expectations for the German economic outlook falls to its weakest level since November last year. ZEW notes that the sharp drop in sentiment coincides with uncertainty regarding the future development of the global economy and poorer Q2 domestic conditions.
