German economy: ZEW economic barometer rises to high level since February
Strong exports helped: In June, goods worth a good 139 billion euros were delivered all over the world - more than ever before in a single month
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Summary
Strong exports helped: In June, goods worth a good 139 billion euros were delivered all over the world - more than ever before in a single month. The corresponding indicator increased by 16.5 points to minus 64.1 points. The economic indicator, for which around 300 financial experts are surveyed monthly, recovered for the fourth month in a row and reached its highest level since February.
Furthermore, Economists had expected on average only an increase to 30 points. The mood barometer rose the previous month by 7.9 points to plus 34.2 points, such as the Center for European Economic Research (ZEW) in Mannheim announced. In February, and thus before the Iran war, economic expectations were still at 58.3 points.
In addition, The mood in the German economy is brightening: ZEW economic expectations improved significantly again in August.
Cross-referenced from 3 sources.
Factual coreconfirmed by several independent voices
Strong exports helped: In June, goods worth a good 139 billion euros were delivered all over the world - more than ever before in a single month.
reliability low1/2 sourcesThe corresponding indicator increased by 16.5 points to minus 64.1 points.
reliability low1/2 sourcesThe economic indicator, for which around 300 financial experts are surveyed monthly, recovered for the fourth month in a row and reached its highest level since February.
reliability low1/2 sourcesEconomists had expected on average only an increase to 30 points.
reliability low1/2 sourcesThe mood barometer rose the previous month by 7.9 points to plus 34.2 points, such as the Center for European Economic Research (ZEW) in Mannheim announced.
reliability low1/2 sourcesIn February, and thus before the Iran war, economic expectations were still at 58.3 points.
reliability low1/2 sourcesThe mood in the German economy is brightening: ZEW economic expectations improved significantly again in August.
reliability low1/2 sources
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