Tuesday, December 15, 2009

ZEW index of economic sentiment in Germany decreasing for the third consecutive month

ZEW index of economic sentiment in Germany for December was 50.4 points compared with 51.1 points a month earlier. At the same analysts predicted decline to 50.3 index points. Note that the index drops third consecutive month, but its current level is much higher than the historical average 27.0 points.
The index of current conditions in Germany rose in December from minus 65.6 points to minus 60.6 points.
Index Eurozone ZEW economic sentiment fell for the reporting period by 3,8 points to 48,0 points. The index of current conditions in the euro area has improved in December to 2.5 points and was minus 67.8 points.

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