German ZEW rose to -12.3, but current situation dived

<p>August’s ZEW Economic Sentiment Index for Germany showed an unexpected improvement, moving from -14.7 to -12.3, beating forecasted -15. However, the Current Situation index took a hit, declining sharply from -59.5 to -71.3—its lowest since October 2022 and below the predicted -63. Conversely, Eurozone’s ZEW Economic Sentiment took an optimistic turn, rising from -12.2 to […]</p>
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