German Investor Confidence Increases Less Than Anticipated
==========
Investor confidence in Germany’s economy improved less than anticipated, with the ZEW institute's expectations gauge rising to 47.5 in June from 47.1 in May, falling short of the forecasted 50. A measure of current conditions fell slightly. The manufacturing sector has been a weak spot in the German economy, and there are indications that the moderate recovery is coming to an end. The Bundesbank forecasts the German economy to slowly gain momentum in 2024, with real GDP increasing by 0.3% this year and growth accelerating to 1.1% in 2025 and 1.4% in 2026. However, some economists argue that a renewed phase of stagnation is imminent. Industry data in April suggested a poor start to the second quarter.
#GermanEconomy #InvestorConfidence #ManufacturingSector #EconomicRecovery
https://finance.yahoo.com/news/german-investor-confidence-increases-less-091132947.html
Yahoo Finance /
npub1j0…s3yhd
2024-06-18 10:05:39
Author Public Key
npub1j0e6zhr82q4par2f4ecr67zvj0ltv8qgqr8v3llw2ed6qvdrm4fs9s3yhdPublished at
2024-06-18 10:05:39Event JSON
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"content": "German Investor Confidence Increases Less Than Anticipated\n==========\n\nInvestor confidence in Germany’s economy improved less than anticipated, with the ZEW institute's expectations gauge rising to 47.5 in June from 47.1 in May, falling short of the forecasted 50. A measure of current conditions fell slightly. The manufacturing sector has been a weak spot in the German economy, and there are indications that the moderate recovery is coming to an end. The Bundesbank forecasts the German economy to slowly gain momentum in 2024, with real GDP increasing by 0.3% this year and growth accelerating to 1.1% in 2025 and 1.4% in 2026. However, some economists argue that a renewed phase of stagnation is imminent. Industry data in April suggested a poor start to the second quarter.\n\n#GermanEconomy #InvestorConfidence #ManufacturingSector #EconomicRecovery\n\nhttps://finance.yahoo.com/news/german-investor-confidence-increases-less-091132947.html",
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