German investor morale unexpectedly falls in June
Reuters
Published Jun 13, 2017 05:31AM ET
German investor morale unexpectedly falls in June
BERLIN (Reuters) - The mood among German investors worsened slightly in June, a survey showed on Tuesday, but their assessment of the German economy's current condition improved mainly due to healthier growth in the European Union.
The Mannheim-based ZEW research institute said its monthly survey showed its economic sentiment index fell to 18.6 from 20.6 in May. The Reuters consensus forecast was for a rise to 21.5.
A separate gauge measuring investors' assessment of the economy's current conditions rose to 88.0 from 83.9 last month. This compared with the Reuters consensus forecast which predicted a reading of 85.0.
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Written By: Reuters
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