German economic confidence weakens in January

NAMPA / DPA

2025-01-21

Berlin (dpa-AFX) - German economic sentiment deteriorated more than expected in January as the economy remained in recession for the second straight year and inflationary pressure rose recently, results of a survey by the think tank ZEW showed Tuesday. The ZEW Indicator of Economic Sentiment fell to 10.3 from 15.7 in December. The reading was expected to drop moderately to 15.2. Meanwhile, the assessment of the current economic situation improve......

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