Unexpectedly gloomy in Germany – new figures

» Published: September 17 2024

Unexpectedly gloomy in Germany – new figures
Photo: Michael Probst/AP/TT

Share this article

The outlook for the German economy looks unexpectedly bleak, according to German investors and analysts. The Zew-index, a monthly survey of sentiment, fell to 3.6.

In August, the Zew-index was at 19.2. Analysts had on average expected the Zew-index to decline, but only to 17.0, according to Bloomberg's compilation of forecasts.

As for the current situation, the sub-index fell to minus 84.5. This can be compared to minus 77.3 in August. Analysts had on average expected a decline for this sub-index to minus 80.0.

Tags

Author

TTT
By TTEnglish edition by Sweden Herald, adapted for local and international readers

More news

Activity Toys Pose Serious Injury Risks for Children in EU Survey
1 MIN READ

Activity Toys Pose Serious Injury Risks for Children in EU Survey

Hexagon Sells Software Business for 30 Billion Kronor
1 MIN READ

Hexagon Sells Software Business for 30 Billion Kronor

US Stock Market Sees Broad Gains Amid Labor Market Weakness
1 MIN READ

US Stock Market Sees Broad Gains Amid Labor Market Weakness

Ørsted Sues Trump Administration Over Halted US Wind Project
1 MIN READ

Ørsted Sues Trump Administration Over Halted US Wind Project

US Private Sector Adds 54,000 Jobs in August, Below Expectations
1 MIN READ

US Private Sector Adds 54,000 Jobs in August, Below Expectations

Goldman Sachs: Fed Uncertainty Could Propel Gold Prices
1 MIN READ

Goldman Sachs: Fed Uncertainty Could Propel Gold Prices

Food Chains in Sweden Promise Price Cuts with VAT Reduction
3 MIN READ

Food Chains in Sweden Promise Price Cuts with VAT Reduction

Experts Criticize Halving Food VAT as Ineffective and Costly
2 MIN READ

Experts Criticize Halving Food VAT as Ineffective and Costly

Sweden to Temporarily Halve Food VAT from April 2026
3 MIN READ

Sweden to Temporarily Halve Food VAT from April 2026

Centre Party Proposes Halving Food VAT and Tax Breaks for Farmers
1 MIN READ

Centre Party Proposes Halving Food VAT and Tax Breaks for Farmers

Sydney Sweeney Campaign Boosts American Eagle Outfitters Stock
1 MIN READ

Sydney Sweeney Campaign Boosts American Eagle Outfitters Stock

Volvo Car Sales Drop 9% in August with Decline in Electric Models
1 MIN READ

Volvo Car Sales Drop 9% in August with Decline in Electric Models

Lyten to Revive Northvolt Factory with Fewer Employees
3 MIN READ

Lyten to Revive Northvolt Factory with Fewer Employees

Interest Rate Cuts Possible Despite Rising Inflation in Sweden
3 MIN READ

Interest Rate Cuts Possible Despite Rising Inflation in Sweden

Saab Shares Drop 4.9 Percent Amid Stockholm Stock Exchange Gains
2 MIN READ

Saab Shares Drop 4.9 Percent Amid Stockholm Stock Exchange Gains

China Stock Markets Decline as Japan and South Korea See Gains
1 MIN READ

China Stock Markets Decline as Japan and South Korea See Gains

Government Intensifies Efforts Against Economic Violence Towards Women
1 MIN READ

Government Intensifies Efforts Against Economic Violence Towards Women

Trump urges Supreme Court to uphold tariffs amid legal challenge
1 MIN READ

Trump urges Supreme Court to uphold tariffs amid legal challenge

Google Fined $425 Million for Privacy Violations
1 MIN READ

Google Fined $425 Million for Privacy Violations

France Fines Google and Shein for Cookie Violations
1 MIN READ

France Fines Google and Shein for Cookie Violations