German ZEW Economic Sentiment Index Improves Slighly in November

German ZEW Economic Sentiment Index Improves Slighly in November

Nov 13, 2018

The mood among German investors improved slighly in November, a survey showed on Tuesday.

The Mannheim-based ZEW research institute said its monthly survey showed its economic sentiment index rose to negative 24.1 from negative 24.7 in November. That was compared to the consensus forecast for a reading of negative 24.2.

A separate gauge measuring investors’ assessment of the economy’s current conditions fell to 58.2 from 70.1 last month. That compared with the consensus forecast for a decrease to 65.0.

Meanwhile the ZEW economic sentiment for the euro zone slumped to negative 22.0 from negative 19.4 last month.

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