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👤Xinyang
🕔August 16, 2016
Germany’s economy may be showing signs of optimism. The ZEW Indicator of Economic Sentiment for Germany gained 7.3 points to 0.5 in August 2016 from -6.8 in July, but below market consensus of 2. Economic sentiment has partly recovered from the Brexit shock while political risks within and outside the European Union continued to inhibit a more optimistic economic outlook for Germany.…
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German Consumer Sentiment Falls
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👤Xinyang
🕔July 27, 2016
The German GfK Consumer Climate is expected to come in at 10.0 in August of 2016, compared to 10.1 in July and market consensus of 9.9. Both economic and income expectations fell, mainly affected by the Brexit. In contrast, the willingness to buy increased slightly.The GfK Consumer Climate Indicator is based on a survey of 2000 individuals age 14 and above, and focuses on income expectations, buying propensity and savings.…
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