Back
13 Sep 2016
Germany: ZEW survey suggests that the Eurozone’s largest economy is slowing - BBH
Research Team at BBH, notes that the German ZEW survey for September came in at 0.5 vs. 2.5 expected while the current situation components fell to 55.1 from 57.6, while 56.0 was expected.
Key Quotes
“ZEW President noted that “The current ambiguity of economic impulses from Germany and abroad means that forecasts for the next few months are difficult.” Yet it’s clear from recent data that the Eurozone’s largest economy is slowing, despite Draghi’s more upbeat economic assessment last week.”